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<br />-------------------
<br />
<br />TABLE 6.3
<br />
<br />EARNINGS AND PAYOUTS DURING CONSTRUCTION
<br />
<br /> Balance in Balance Interest in Interest in
<br />Construction Construction Available in Construction Capitalization
<br /> Period Fund Pay~ Investment Fund - 10% Fund - 10%
<br />Jan l-Apr 1 $3,984,320 $ 572,652 $3,411,667 $ 85,291 $ 44,501
<br />Apr I-Jul 1 3,541,460 512,652 2,968,807 74,220 44,501
<br />Jul I-Oct 1 3,087,528 572,652 2,514,876 62,831 37,084
<br />Oct I-Jan 1 2,614,832 572,652 2,042,179 51 ,054 37,084
<br />Jan l-Apr 1 2,130,318 572,652 1,557,666 38,941 29,667
<br />Apr I-Jul 1 1,626,274 572,652 1,053,622 26,340 29,667
<br />Jul I-Oct 1 1,109,630 572,652 536,977 13,424 22,250
<br />Oct I-Jan 1 572,652 572,652
<br />TOTAL $4,581,220 $352,145 $244,755
<br /> .
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