Tax Information Package - Sandhill- Assets and Liabilities

Tax Information Package - SH-TXP7 - Assets and Liabilities
01-01-83
Sandhill


Tax Information Package - SH-TXP7

Correspondence with IRS Regarding 501d Classification

SANDHILL FARM, INC. ASSETS AND LIABILITIES
(rounded to the nearest $100)
1980 1981 1982
ASSETS
cash $2,700 $4,000 $26,700
buildings, machinery, & other depreciables
(less depreciation)
3,700 5,500 5,400
land 30,000 30,000

30,000
Totals 36,400 39,500 62,100

LIABILITIES
member loans 10,000 20,000 40,000
member's capital accounts 26,400 19,500 22,100
Totals 36,400 39,500 62,100