Accy 510 Fall 2011 TDR exercise - Issue Date Maturity Date...

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Amortization Schedule for Sinkhole Company Note Payable to Mayo Inc. Borrower and Lender Financial Statement Representations for the Duration of the Note Issue Date 1/1/2006 Year Eff Interest Sinkhole Mayo Maturity Date 12/31/2015 Amort. B/S (1/1) I/S SCF B/S (12/31) B/S (1/1) I/S SCF B/S (12/31) Duration (yrs) 10 2006 $887,000 $106,440 $100,000 $6,440 $893,440 ($887,000) ($106,440) ($100,000) ($893,440) $887,000 $106,440 $100,000 $893,440 Cash int rate 10% 2007 $893,440 $107,213 $100,000 $7,213 $900,653 ($893,440) ($107,213) ($100,000) ($900,653) $893,440 $107,213 $100,000 $900,653 Effect int rate 12% 2008 $900,653 $108,078 $100,000 $8,078 $908,731 ($900,653) ($108,078) ($100,000) ($908,731) $900,653 $108,078 $100,000 $908,731 Face value $1,000,000 2009 $908,731 $109,048 $100,000 $9,048 $917,779 ($908,731) ($109,048) ($100,000) ($917,779) $908,731 $109,048 $100,000 $917,779 Issue price $887,000 2010 $917,779 $110,133 $100,000 $10,133 $927,912 ($917,779) ($110,133) ($100,000) ($927,912)
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Accy 510 Fall 2011 TDR exercise - Issue Date Maturity Date...

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