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<br />rlchard p. c"mood, c,p.., <br />ronny r. farmer, c.p,a. <br /> <br />.- . <br />!rlmond~ !arm~~ <br />&' companD <br />~jz<<Jk~ <br /> <br />October 4, 1985 <br /> <br />Arkansas River Compact ;'Administration <br />c/o Leo Idler <br />3704 County Road HH <br />Lamar, CO 81052 <br /> <br />Dear Leo: <br /> <br />Pursuant to our telephone conversation the morning of October 3, <br />1985, the $420 to Lewan and Associates has been charged to <br />equipment for the year ended June 30, 1985. The other expenses <br />we talked about concerning the operation secretary expenses that <br />were paid in July, 1985, will be charged to the July 1, 1985 to <br />June 30, 1986 operations. <br /> <br />The financial statements are on a pure cash basis, therefore if <br />expenses are not paid by June 30, of each year, they become <br />expenses of the following year. <br /> <br />Should you have any questions, or need any further information, <br />please let me know. <br /> <br />Sincerely, <br /> <br />Crimond, Farmer & Co. <br /> <br />~2~ <br /> <br />Ronny R. Farmer <br /> <br />RRF/lk <br /> <br />members of american Inslilute of cartlfled public accountant. and colorado .actety of carllfled public accountants <br /> <br />203 east cak <br />p.o, box 1173 <br />lamer, co 81052 <br />(303) 336-7428 <br />