PREPARE VERTICAL AND HORIZONTAL COMMON SIZE FINANCIAL STATEMENTS FOR BOTH YEARS.

EXHIBIT 1: UNIVERSITY CLUB 10-YEAR STATEMENT SUMMARY OF FINACIAL POSITION & INCOME STATEMENT RSULTS CURRENT ASSETS Cash Goods and Services Tax Paid Accounts Receiveable Inventory (Includes food & Liquor) Others TOTAL CURRENT ASSETS (including Cash on Hand) 2015 100,904.43 $ (52.10) $ 65,713.22 $ 22,188.27 $ 51,182.24 $ 239,936.06 $ 2016 25,070.41 12.78 38,968.40 19,946.68 51,859.06 135,857.32 FIXED ASSETS Total Furniture Assets Accumulated Depreciation - Furniture Assets Total Kitchen Assets (net of Depreciation) Total Other Equipment (net of Depreciation) Total Leasehold Improvements (net of Depreciation) Uclub Van (net Depreciation) Inactive TOTAL FIXED ASSETS 84,727.16 $ (84,727.16) $ 13,270.45 $ 2,392.38 $ 36,018.11 $ 916.95 $ 84,727.16 (84,727.16) 5,802.99 545.20 29,322.46 52,597.89 $ 35,670.65 TOTAL OTHER ASSETS $ 10,990.99 $ 11,359.98 TOTAL ASSETS $ 303,524.95 $ 182,887.95 LIABILITIES Total Current Liabilities TOTAL LIABILITIES $ $ 244,463.16 $ 244,463.16 $ 166,970.29 166,970.29 EQUITY Total Equity $ 59,061.78 $ 15,917.66 TOTAL LIABILITIES & EQUITY $ 303,524.95 $ 182,887.95 REVENUE Total Club Sales Total Off Premise Catering Total on Campus Catering Sales Total Catering Sales in Club 161,008.14 $ 416,818.83 $ 234,868.98 $ 104,890.59 $ 156,105.07 429,929.18 222,414.63 103,456.89 Other Revenue Members Dues Sales Subsidy for Dues Shortfall Liquor Tax Commision Other Income Total Other Revenue TOTAL REVENUE 33,433.71 $ 11,370.00 $ 332.09 $ 33,904.21 11,370.00 340.33 S 45,135.81 962,722.35 $ $ 45,614.54 955,520.31 TOTAL COST OF GOODS SOLD $ 216,956.53 $ 210,- 215,505.47 GROSS INCOME $ 745,765.82 $ 740,014.85 EXPENSES Total Selling & General Expenses Total Administration Charges Bonus Total operating Expenses 130,133.12 $ 655,985.44 $ 786,118.56 $ 130,565.89 652,593.08 783,158.97 NET INCOME $ (40,352.74) $ (43,144.12) EXHIBIT 1: UNIVERSITY CLUB 10-YEAR STATEMENT SUMMARY OF FINACIAL POSITION & INCOME STATEMENT RSULTS CURRENT ASSETS Cash Goods and Services Tax Paid Accounts Receiveable Inventory (Includes food & Liquor) Others TOTAL CURRENT ASSETS (including Cash on Hand) 2015 100,904.43 $ (52.10) $ 65,713.22 $ 22,188.27 $ 51,182.24 $ 239,936.06 $ 2016 25,070.41 12.78 38,968.40 19,946.68 51,859.06 135,857.32 FIXED ASSETS Total Furniture Assets Accumulated Depreciation - Furniture Assets Total Kitchen Assets (net of Depreciation) Total Other Equipment (net of Depreciation) Total Leasehold Improvements (net of Depreciation) Uclub Van (net Depreciation) Inactive TOTAL FIXED ASSETS 84,727.16 $ (84,727.16) $ 13,270.45 $ 2,392.38 $ 36,018.11 $ 916.95 $ 84,727.16 (84,727.16) 5,802.99 545.20 29,322.46 52,597.89 $ 35,670.65 TOTAL OTHER ASSETS $ 10,990.99 $ 11,359.98 TOTAL ASSETS $ 303,524.95 $ 182,887.95 LIABILITIES Total Current Liabilities TOTAL LIABILITIES $ $ 244,463.16 $ 244,463.16 $ 166,970.29 166,970.29 EQUITY Total Equity $ 59,061.78 $ 15,917.66 TOTAL LIABILITIES & EQUITY $ 303,524.95 $ 182,887.95 REVENUE Total Club Sales Total Off Premise Catering Total on Campus Catering Sales Total Catering Sales in Club 161,008.14 $ 416,818.83 $ 234,868.98 $ 104,890.59 $ 156,105.07 429,929.18 222,414.63 103,456.89 Other Revenue Members Dues Sales Subsidy for Dues Shortfall Liquor Tax Commision Other Income Total Other Revenue TOTAL REVENUE 33,433.71 $ 11,370.00 $ 332.09 $ 33,904.21 11,370.00 340.33 S 45,135.81 962,722.35 $ $ 45,614.54 955,520.31 TOTAL COST OF GOODS SOLD $ 216,956.53 $ 210,- 215,505.47 GROSS INCOME $ 745,765.82 $ 740,014.85 EXPENSES Total Selling & General Expenses Total Administration Charges Bonus Total operating Expenses 130,133.12 $ 655,985.44 $ 786,118.56 $ 130,565.89 652,593.08 783,158.97 NET INCOME $ (40,352.74) $ (43,144.12)