ABC Fund will receive a preferred 5 percent operating return that iscumulative. That is, anyshortfall is carried over to the next year and is paid before Newtown Development Inc. receivesany cash from operations.1After ABC Fund is paid its preferred return (including anything duein arrears), Newtown Development Inc. will receive a 5 percent operating return on itscontributed capital that is alsocumulative.Any remaining cash flow from operations is split 50-50 to each party