12:56 PM        Thousand Peaks Ranch Association
06/15/12        Profit & Loss
Cash Basis        January through December 2011




Ordinary Income/Expense Income

Jan - Dec 11

Annual Dues        26,756.67
Cattle Lease        166.50
Grazing        42,255.58
Late Fees        1,093.33
Total Income        70,272.08

Expense
Accounting Fees        500.00
Bank Fees        6.00
Cattle Guards        5,300.00
Contract Labor        8,500.00
Insurance        187.00
Legal Fees        3,714.58
Materials        1,500.00
Newsletter Expense        114.84
Office Expense        153.46
Postage        44.00
Road Maintenance        3,176.14
Snowblower Maintenance        459.77
Total Expense        23,655.79

Net Ordinary Income        46,616.29

Other Income/Expense Other Income
Interest Income        94.27
Total Other Income        94.27
Net Other Income        94.27
Net Income        46,710.56