Student Handouts - Fraud Case

Health TrainerJack Webb

Handout 1. Tallahassee BeanCounters organizational chart

Players

invoices, receivingInventories,equipment

Orders, cleans

Support for Team

Phones, temp

$17,500

$21,500

Salaries negotiated

Dave GottAsst. Coach for batting

20,800

$22,000

purchase orders Receives, stores,

Management

employees, payroll

$19,000

Enters receipts,

Equipment Manager

Asst. Coach for pitching

A/P ClerkSam McCarty

Tom Tedder

Michelle Shelton

Candace LarsonReceptionist

$22,000

hiring, overseeRecruiting Writes checks receipts & depositsCoaches Customer relations

$48,000 Supervises Team Purchasing

$85,000 $30,000

Ben HillGeneral Manager Assistant to the Office ManagerTucker Johnson Julie Roper

oversees constructionFundraising

liaison with owner $95,000

President

Orders concessions

President

OwnerFranklin Kennedy

Phil Ackers

Handout 2. Observations of financial functionsConcessions:You arrive an hour before the gates open to observe the concession operation. There is one concession booth. Holly Hope, the supervisor, rushes back and forth between the storeroom under the bleachers and the booth with needed supplies. She is always answering questions and seems to do three things at once. Toward the end of the evening, you make a trip to the storeroom with her and note that Julie Roper is manning the storeroom. She seems very efficient as she hands Holly the supplies she needs to take back upstairs. The storeroom seems to be neatly ordered and though some supplies are low, they do not seem to be in real danger of running out of anything. As you help Holly carry the supplies back to the concession booths, she tells you what a relief it is to have Julies help, because before Julie took over, she was the one who had to stay after the game to count inventory and prepare the concession order for the next home game. She laughs when she tells you that old habits die hard, because she continued to go into the storeroom the morning after games to take inventory for awhile because it seemed so low. She finally stopped because Julie must be doing a good job, they never run out of anything.

Upstairs in the stadium, you observe three people working in the booth and six college-aged, young people working the bleachers. The bleacher workers come back periodically to refill drinks and trays. You note the bleacher workers are given $50 in small bills at the beginning of the night. When they return with an empty tray, they are required to turn over the money for the tray they sold. For example, if they sold 40 drinks, they turn over $40.00. At the end of the night, each returns $50.00 to the register. Ben Hill is there to observe Holly and the workers as they count cash from the bleacher workers during the night.The concession booth closes during the ninth inning and the money counting begins. The register report shows the number of items sold and total receipts. Holly and one worker count the cash and compare the numbers with the register-generated receipts. Ben Hill arrives back from observing the money counts in parking and programs before Holly and the worker have finished and makes the two stay until the numbers balance.Ben then takes the register tape and cash to the office under the protection of an armed security guard. Ben locks the money in the safe, and leaves the register tape on Michelles (A/P clerk) desk. The next day, Michelle and Ben recount the money to make certain it reconciles with the number of items sold on the register report. Michelle records receipts in the QuickBooks program that automatically adjusts the inventory and creates a deposit slip. Ben Hill takes the sales report summarizing the sales to Phil Ackers then personally takes the deposit to the bank. Construction of the Training Facility:

A year ago, Franklin Kennedy, owner of TBC, decided to build a new training facility. A complete set of blueprints and related specifications were made available to local contractors. Five different contractors submitted sealed bids. The bids were kept in a safe in Phil Ackers office. Eight months ago, all the contractors assembled and the bids were opened. Larkin Construction had the lowest bid. Construction began six months ago and was completed by the end of the season. Phil acted as the on-site project manager. The construction loan was provided by US Bank, and the construction draws were drafted against it. The mortgage loan was issued upon completion of the construction. Phil and Ben received a bonus from Franklin Kennedy (the team owner) because the profit ratio the company achieved during the testing period was good enough to qualify for a low interest loan, saving the company a considerable amount of money over the life of the loan.

Student Handout 2. Observations of financial functions (continued)Equipment Purchases:

Equipment orders originate with Tucker Johnson, the general manager, or Sam McCarty, the equipment manager. When new equipment is needed, they take the list of needed equipment to Ben Hill for approval. Ben chooses a vendor and Michelle generates a purchase order in the bookkeeping program. The bookkeeping program also generates a receiving report that Michelle returns to Sam. When the equipment arrives, you observe Sam receive the shipment. He carefully counts the shipment and checks off the appropriate amounts on his receiving report. Sam later takes his receiving report to Michelle. Michelle compares the receiving report, the purchase order and the invoice to make certain all the equipment has arrived, then staples the paperwork together and gives it to Julie who generates a check. She forwards the check and supporting documentation to Ben, or Phil who checks all the paperwork before signing the check. Michelle mails the checks and picks up and opens the mail.

Parking:

You spend an evening watching the parking operation. You notice there are five employees working in addition to the supervisor. Two workers hand out tickets, the other three help direct and park the vehicles. The workers wear carpenters aprons and collect $2.00 for cars and $3.00 for larger vehicles such as RVs. They put the cash in their aprons, and put a ticket under the windshield wiper of each vehicle. You count 1,500 parking spaces in the lot. The crew quits collecting money an hour after the game begins. The workers turn their aprons and remaining tickets over to the supervisor. The supervisor then takes the aprons and tickets to the ticket booth where he reconciles the number of tickets sold with the cash on hand. Ben supervises the process and verifies the amounts.

Payroll :Payroll is subcontracted out to ADP Payroll Services. Permanent staff and players are paid bi-monthly. Players and some seasonal office workers have eight-month contracts while five management personnel have 12 month contracts. Salaried employees are paid on the 1st and 15th of each month. Game-day (temporary) employees are paid after each home game series. Candace Larson collects the time cards from the supervisor of each division after each game (concessions, parking, programs, ticket sales, security, and the team mascot). Each employees time card is signed by his or her supervisor and co-signed by the person from the front office who is responsible for that division. Candace creates a consolidated timesheet after each series showing worker's name, hours worked and rate of pay. Ben Hill verifies her numbers and sends the sheet on to ADP. ADP tabulates the amount owed in payroll including matching FICA taxes, and distributes the payments. Michelle forwards the necessary funds to ADP who distributes the wages to TBC personnel. (TBC does not have a separate payroll bank account.) Salaried workers have their money deposited directly into their bank accounts; checks are written and mailed to the game-day employees. ADP sends a summary receipt to TBC.

Programs:

Before the season begins, and again prior to the playoffs, the team orders a large number of programs, which include player biographies, team statistics, and advertisements. Prior to each game series, TBC orders inserts that contain updated player statistics as well as information on the opposing team. Two people sell programs at each game. One salesperson is near the front gate; one is near the concession stand. The program sellers arrive before the game to stuff the new inserts into the

Student Handout 2. Observations of financial functions (continued) Programs (continued):

programs. They continue to sell programs until the 7th inning. At that time they return to the ticket booth with their money and count it under the supervision of Ben Hill. The money is taken back to the office safe under armed guard. Ben and Candace determine the number of programs sold by dividing the total receipts by $3.00 (sales price). Julie checks the program inventory once a month to ensure there is no shrinkage. Michelle enters the receipts into the bookkeeping system and prepares a deposit slip. The bookkeeping program keeps a perpetual inventory count. Ben Hill or Phil Ackers deposit the money into the bank and return the deposit slip to Michelle for verification. Later in the season, when the program inventory runs low, they purchase more programs.

Promotions (Fundraising) :Phil Ackers hosts a series of fundraising/promotional activities throughout the Southeastern United States. He makes an occasional trip to Boston, since the TBC is affiliated with the Boston Sox. He rents a hotel conference room, displays team souvenirs, and has a team member or two sign the merchandise and autographs. The merchandise is sold to raise money for the team as well as promote the team. Phil uses Seminole Catering, a catering company staffed by Florida State University students, to provide the non-perishable items, which the caterer ships ahead to the affairs. Perishable snacks are provided by the various hotels. Phil usually drives to events within a few hours driving time of Tallahassee, and flies coach to events which are further away. Phil returns all money and receipts to Michelle. Michelle verifies the receipts, and then forwards the invoices to Julie who writes any necessary checks. Ben Hill usually deposits the promotional receipts. Tickets Sales :The ticket booth is a small wooden structure with three windows. There are three women working thereMyrna Myers, Janice Lipponi, and Gerta Child. They have obviously been working together for a long time, since they spend the evening catching up on each others grandchildren and their activities. The women meet outside the booth two hours before game time and enter the booth together. They accept cash, checks and debit cards. You notice that some of the group tickets have been pre-sold and are picked up at Myrna's window. Myrna tells you that Julie takes orders for group ticket sales over the phone, and provides Myrna with a list of those to be picked up on game day. You note that several sets of will-call tickets are not picked up. When you ask Myrna if this is unusual, she says, "No, it happens sometimes, though it seems people are less responsible these days than they were in the past."

The ladies ring the sales up on simple registers, and the registers number each ticket. Attendance is calculated by the number of tickets collected at the gates. A security officer is posted nearby as tickets are sold. An hour after the opening pitch, the ladies close up the windows and count the money. Janice and Gerta are permitted to leave when Ben Hill and the security officer arrive. Ben and Myrna recount the money and verify it against the computer generated number of tickets sold. Ben takes the ticket log, along with the cash, under guard to his office safe.

The next morning, Ben gives the register receipt to Michelle who enters the sales into the bookkeeping system, generates a deposit slip and adds the money to the post-game deposit. Ben Hill or Phil Ackers then deposits the money. The deposit slip is returned to Michelle for reconciliation.

Date Opponent LocationMay2 - 4 Dogs Dothan, AL13 - 15 Marauders Home21 - 22 Kings Baton Rouge, LAJune5- 7 Knights Home20 - 21 Gorillas Gainesville, FL24 - 26 Dogs HomeJuly2 - 4 Marauders Macon, GA10 - 11 Kings Home22 - 24 Knights Pensacola, FLAugust3 - 4 Gorillas Gainesville7 - 8 Dogs Home14 - 15 Marauders Macon, GA22 Kings Home

5 - 6 Gorillas Gainesville, FL11 - 12 Gorillas Home19 - 20 Kings Baton Rouge, LA26 - 27 Kings Home

Handout 3. Game and playoff schedule Game Schedule May September

September (Playoffs)

Date Amount Debit Credit To Date Amount Debit Credit To1-May 10,451.23 2100 1100 Fl Dept of Rev. 14-May 3,016.90 5100 1500 Expense1-May 2,500.00 6100 1100 Astro Travel 14-May 8,259.00 1100 4100 Revenue1-May 3,000.00 6300 1100 Expense 14-May 2,354.00 1100 4400 Revenue1-May 445.78 8180 1100 VISA 14-May 5,400.00 1100 4500 Revenue1-May 57,848.42 8200 1100 ADP 14-May 21,208.00 1100 4600 Revenue1-May 29,400.00 1400 2200 Johnson Print. 14-May 7,092.00 1200 4600 Revenue1-May 75,000.00 1100 4300 Revenue-sharing 15-May 1,615.29 8200 1100 ADP 4-May 3,825.00 6200 1100 Day's Inn 15-May 57,848.42 8200 1100 ADP 5-May 700.00 8130 1100 Freddy's Fix-it 15-May 2,664.00 5100 1400 Expense6-May 2,500.00 2200 1100 Johnson Print. 15-May 4,973.20 5100 1500 Expense6-May 400.00 8100 1100 Media Too 15-May 13,595.00 1100 4100 Revenue6-May 350.00 8110 1100 Merri Maids 15-May 3,285.00 1100 4400 Revenue6-May 205.21 8115 1100 Danka 15-May 7,992.00 1100 4500 Revenue6-May 900.00 8120 1100 Allstate 15-May 34,180.00 1100 4600 Revenue6-May 350.00 8125 1100 Payton Brothers 15-May 9,360.00 1200 4600 Revenue6-May 75.00 8130 1100 AIA Handyman 17-May 1,500.00 8130 1100 Freddy's Fix-it6-May 3,000.00 8135 1100 Trimax Properties 19-May 76.88 7100 1100 Bloomberg Ad 6-May 250.00 8140 1100 Helms Extermin. 19-May 320.00 7300 1100 Seminole Cater.6-May 115.00 8145 1100 US PO 19-May 307.00 7400 1100 Champion6-May 722.43 8150 1100 City of Tall 19-May 489.00 7500 1100 Marriott-Ft. Laud.6-May 361.19 8150 1100 Sprint 19-May 864.00 7600 1100 Astro Travel6-May 387.00 8155 1100 1 Hr. Cleaners 19-May 8,157.00 1100 4200 Revenue6-May 500.00 8210 1100 ADP 20-May 2,500.00 6100 1100 Astro Travel7-May 123.75 7100 1100 Bloomberg Ad 20-May 2,250.00 6300 1100 Expense7-May 307.50 7300 1100 Seminole Cater. 21-May 344.94 8500 1100 Sports Chalet7-May 495.00 7400 1100 Champion 22-May 2,312.00 6200 1100 Day's Inn7-May 597.00 7500 1100 Marriott-Boston 29-May 10,716.91 4600 2100 Sales Tax Pay.7-May 7,371.45 8500 1100 Sports Chalet 30-May 4,677.50 8105 1100 Canopy Roads7-May 4,950.00 1100 4200 Revenue 30-May 14,402.00 1100 1200 A/R8-May 486.00 7600 1100 Astro Travel 30-May 2,160.00 5110 1500 Expense9-May 36.88 7100 1100 Bloomberg Ad 30-May 9,713.00 1100 4700 B. R. Kings9-May 378.00 7300 1100 Seminole Cater. 30-May 9,800.00 1100 4700 Dothan Dogs9-May 147.00 7400 1100 Champion 30-May 55,240.47 1600 9000 Larkin Const.9-May 5,475.00 1100 4200 Revenue 31-May 5,000.00 3100 1100 F. Kennedy11-May 1,500.00 8165 1100 Johnson Print. 31-May 5,000.00 8600 1350 Acc. Dep. 13-May 2,160.00 5100 1400 Expense 1-Jun 10,716.91 2100 1100 Fl Dept of Rev.13-May 3,612.00 5100 1500 Expense 1-Jun 1,500.00 8165 1100 Johnson Print.13-May 9,720.00 1100 4100 Revenue 1-Jun 558.92 8180 1100 VISA13-May 2,672.00 1100 4400 Revenue 1-Jun 57,848.42 8200 1100 ADP 13-May 6,480.00 1100 4500 Revenue 5-Jun 2,500.00 2200 1100 Johnson Print.13-May 24,062.00 1100 4600 Revenue 5-Jun 400.00 8100 1100 Media Too13-May 7,188.00 1200 4600 Revenue 5-Jun 350.00 8110 1100 Merri Maids14-May 13,280.00 1500 1100 Sysco 5-Jun 205.21 8115 1100 Danka14-May 1,800.00 5100 1400 Expense 5-Jun 900.00 8120 1100 Allstate

Handout 4. General journal

Date Amount Debit Credit To Date Amount Debit Credit To5-Jun 350.00 8125 1100 Payton Brothers 19-Jun 2,250.00 6300 1100 Expense5-Jun 75.00 8130 1100 AIA Handyman 21-Jun 2,006.00 6200 1100 Day's Inn5-Jun 3,000.00 8135 1100 Trimax Properties 21-Jun 250.00 8130 1100 Freddy's Fix-it5-Jun 250.00 8140 1100 Helms Extermin. 21-Jun 2,299.90 8500 1100 Sports Chalet5-Jun 100.00 8145 1100 US PO 23-Jun 1,500.00 8165 1100 Johnson Print.5-Jun 1,311.23 8150 1100 City of Tall 24-Jun 25,500.00 1300 1100 Farmer's Supply5-Jun 410.27 8150 1100 Sprint 24-Jun 1,826.00 5100 1400 Expense5-Jun 402.00 8155 1100 1 Hr. Cleaners 24-Jun 2,814.30 5100 1500 Expense5-Jun 500.00 8210 1100 ADP 24-Jun 7,569.00 1100 4100 Revenue5-Jun 2,628.00 5100 1400 Expense 24-Jun 2,160.00 1100 4400 Revenue5-Jun 4,635.85 5100 1500 Expense 24-Jun 5,478.00 1100 4500 Revenue5-Jun 12,482.00 1100 4100 Revenue 24-Jun 16,880.00 1100 4600 Revenue5-Jun 3,255.00 1100 4400 Revenue 24-Jun 12,540.00 1200 4600 Revenue5-Jun 7,884.00 1100 4500 Revenue 25-Jun 1,199.00 5100 1400 Expense5-Jun 29,800.00 1100 4600 Revenue 25-Jun 1,942.85 5100 1500 Expense5-Jun 10,500.00 1200 4600 Revenue 25-Jun 5,339.00 1100 4100 Revenue6-Jun 3,116.00 5100 1400 Expense 25-Jun 1,469.00 1100 4400 Revenue6-Jun 4,895.90 5100 1500 Expense 25-Jun 3,597.00 1100 4500 Revenue6-Jun 13,171.00 1100 4100 Revenue 25-Jun 12,396.00 1100 4600 Revenue6-Jun 3,225.00 1100 4400 Revenue 25-Jun 10,944.00 1200 4600 Revenue6-Jun 9,348.00 1100 4500 Revenue 26-Jun 9,575.00 1500 1100 Sysco6-Jun 36,697.00 1100 4600 Revenue 26-Jun 8,474.75 8105 1100 Canopy Roads6-Jun 9,048.00 1200 4600 Revenue 26-Jun 1,638.03 8200 1100 ADP 7-Jun 1,642.47 8200 1100 ADP 26-Jun 2,184.00 5100 1400 Expense7-Jun 1,819.44 8500 1100 Sports Chalet 26-Jun 3,564.65 5100 1500 Expense7-Jun 2,268.00 5100 1400 Expense 26-Jun 9,772.00 1100 4100 Revenue7-Jun 4,203.60 5100 1500 Expense 26-Jun 2,760.00 1100 4400 Revenue7-Jun 11,346.00 1100 4100 Revenue 26-Jun 6,552.00 1100 4500 Revenue7-Jun 3,119.00 1100 4400 Revenue 26-Jun 25,600.00 1100 4600 Revenue7-Jun 6,804.00 1100 4500 Revenue 26-Jun 16,020.00 1200 4600 Revenue7-Jun 28,730.00 1100 4600 Revenue 27-Jun 11,628.00 1100 1200 A/R7-Jun 9,840.00 1200 4600 Revenue 28-Jun 157,148.01 1600 9000 Larkin Const.8-Jun 15,890.00 1500 1100 Sysco 29-Jun 19,329.63 4100 2100 Sales Tax Pay.15-Jun 57,848.42 8200 1100 ADP 30-Jun 15,000.00 3100 1100 F. Kennedy16-Jun 104.36 7100 1100 Bloomberg Ad 30-Jun 33,500.00 8130 1100 Freddy's Fix-it16-Jun 340.75 7300 1100 Seminole Cater. 30-Jun 6,500.00 8160 1100 Pen. Knights16-Jun 417.00 7400 1100 Champion 30-Jun 7,000.00 8160 1100 Dothan Dogs16-Jun 898.00 7500 1100 Marriott-Boston 30-Jun 5,000.00 8600 1350 Acc. Dep. 16-Jun 582.00 7600 1100 Astro Travel 30-Jun 3,445.00 5110 1500 Expense16-Jun 4,175.00 1100 4200 Revenue 30-Jun 7,400.00 1100 4700 Gsville Gorillas17-Jun 2,000.00 8130 1100 Freddy's Fix-it 1-Jul 19,329.63 2100 1100 Fl Dept of Rev.19-Jun 2,500.00 6100 1100 Astro Travel 1-Jul 2,500.00 6100 1100 Astro Travel

Student Handout 4. General Journal

Date Amount Debit Credit To Date Amount Debit Credit To1-Jul 3,000.00 6300 1100 Expense 16-Jul 80.00 7100 1100 Bloomberg Ad1-Jul 621.02 8180 1100 VISA 16-Jul 653.75 7300 1100 Seminole Cater.1-Jul 57,848.42 8200 1100 ADP 16-Jul 320.00 7400 1100 Champion2-Jul 2,500.00 2200 1100 Johnson Print. 16-Jul 876.00 7500 1100 Marriott-Miami2-Jul 400.00 8100 1100 Media Too 16-Jul 254.00 7600 1100 Astro Travel2-Jul 350.00 8110 1100 Merri Maids 16-Jul 5,200.00 1100 4200 Revenue2-Jul 205.21 8115 1100 Danka 18-Jul 35.00 7100 1100 Bloomberg Ad2-Jul 900.00 8120 1100 Allstate 18-Jul 540.00 7300 1100 Seminole Cater.2-Jul 350.00 8125 1100 Payton Brothers 18-Jul 140.00 7400 1100 Champion2-Jul 75.00 8130 1100 AIA Handyman 18-Jul 1,200.00 8130 1100 Freddy's Fix-it2-Jul 3,000.00 8135 1100 Trimax Properties 18-Jul 6,400.00 1100 4200 Revenue2-Jul 250.00 8140 1100 Helms Extermin. 21-Jul 2,500.00 6100 1100 Astro Travel2-Jul 100.00 8145 1100 US PO 21-Jul 3,000.00 6300 1100 Expense2-Jul 812.33 8150 1100 City of Tall 24-Jul 3,978.00 6200 1100 Day's Inn2-Jul 404.16 8150 1100 Sprint 29-Jul 8,962.12 4100 2100 Sales Tax Pay.2-Jul 352.00 8155 1100 1 Hr. Cleaners 30-Jul 4,193.70 8105 1100 Canopy Roads2-Jul 500.00 8210 1100 ADP 30-Jul 13,130.00 1100 1200 A/R3-Jul 48.75 7100 1100 Bloomberg Ad 30-Jul 5,000.00 8600 1350 Acc. Dep. 3-Jul 296.25 7300 1100 Seminole Cater. 30-Jul 1,290.00 5110 1500 Expense3-Jul 195.00 7400 1100 Champion 30-Jul 13,000.00 1100 4700 Macon Marauders3-Jul 378.00 7500 1100 Marriott-Jacksonville 30-Jul 12,000.00 1100 4700 Pen. Knights3-Jul 187.50 7600 1100 Phil Ackers 30-Jul 177,136.49 1600 9000 Larkin Const.3-Jul 10,950.00 1100 4200 Revenue 31-Jul 15,000.00 3100 1100 F. Kennedy4-Jul 4,335.00 6200 1100 Holiday Inn 1-Aug 8,962.12 2100 1100 Fl Dept of Rev.4-Jul 1,000.00 8130 1100 Freddy's Fix-it 1-Aug 1,500.00 8120 1100 Allstate8-Jul 1,500.00 8165 1100 Johnson Print. 1-Aug 667.52 8180 1100 VISA10-Jul 3,078.00 5100 1400 Expense 1-Aug 57,848.42 8200 1100 ADP 10-Jul 5,307.70 5100 1500 Expense 2-Aug 2,500.00 6100 1100 Astro Travel10-Jul 14,342.00 1100 4100 Revenue 2-Aug 2,250.00 6300 1100 Expense10-Jul 3,225.00 1100 4400 Revenue 4-Aug 2,210.00 6200 1100 Day's Inn10-Jul 9,234.00 1100 4500 Revenue 5-Aug 250.00 8130 1100 Freddy's Fix-it10-Jul 33,290.00 1100 4600 Revenue 5-Aug 1,500.00 8165 1100 Johnson Print.10-Jul 13,800.00 1200 4600 Revenue 7-Aug 2,500.00 2200 1100 Johnson Print.11-Jul 1,037.21 8200 1100 ADP 7-Aug 400.00 8100 1100 Media Too11-Jul 2,940.00 5100 1400 Expense 7-Aug 350.00 8110 1100 Merri Maids11-Jul 4,585.70 5100 1500 Expense 7-Aug 205.21 8115 1100 Danka11-Jul 12,602.00 1100 4100 Revenue 7-Aug 900.00 8120 1100 Allstate11-Jul 3,270.00 1100 4400 Revenue 7-Aug 350.00 8125 1100 Payton Brothers11-Jul 8,820.00 1100 4500 Revenue 7-Aug 75.00 8130 1100 AIA Handyman11-Jul 30,544.00 1100 4600 Revenue 7-Aug 3,000.00 8135 1100 Trimax Properties11-Jul 14,640.00 1200 4600 Revenue 7-Aug 250.00 8140 1100 Helms Extermin.15-Jul 57,848.42 8200 1100 ADP 7-Aug 135.00 8145 1100 US PO


Date Amount Debit Credit To Date Amount Debit Credit To7-Aug 1,432.00 8150 1100 City of Tall 22-Aug 44,788.00 1100 4600 Revenue7-Aug 386.24 8150 1100 Sprint 22-Aug 26,280.00 1200 4600 Revenue7-Aug 325.00 8155 1100 1 Hr. Cleaners 23-Aug 13,230.00 1500 1100 Sysco7-Aug 500.00 8210 1100 ADP 25-Aug 241.88 7100 1100 Bloomberg Ad7-Aug 2,204.79 8500 1100 Sports Chalet 25-Aug 319.75 7300 1100 Seminole Cater.7-Aug 3,034.00 5100 1400 Expense 25-Aug 867.00 7400 1100 Champion7-Aug 5,371.00 5100 1500 Expense 25-Aug 721.00 7500 1100 Marriott-Boston7-Aug 14,760.00 1100 4100 Revenue 25-Aug 581.00 7600 1100 Astro Travel7-Aug 3,240.00 1100 4400 Revenue 25-Aug 9,675.00 1100 4200 Revenue7-Aug 9,102.00 1100 4500 Revenue 29-Aug 16,148.23 4100 2100 Sales Tax Pay.7-Aug 34,100.00 1100 4600 Revenue 30-Aug 7,261.00 8105 1100 Canopy Roads7-Aug 23,400.00 1200 4600 Revenue 30-Aug 8,000.00 8160 1100 B. R. Kings8-Aug 1,188.32 8200 1100 ADP 30-Aug 26,548.00 1100 1200 A/R8-Aug 3,397.00 5100 1400 Expense 30-Aug 1,430.00 5110 1500 Expense8-Aug 5,733.00 5100 1500 Expense 30-Aug 9,300.00 1100 4700 Gsville Gorillas8-Aug 15,480.00 1100 4100 Revenue 30-Aug 9,000.00 1100 4700 Macon Marauders8-Aug 3,285.00 1100 4400 Revenue 30-Aug 194,902.18 1600 9000 Larkin Const.8-Aug 10,191.00 1100 4500 Revenue 31-Aug 15,000.00 3100 1100 F. Kennedy8-Aug 37,580.00 1100 4600 Revenue 1-Sep 16,148.23 2100 1100 Fl. Dept. of Revenue8-Aug 22,080.00 1200 4600 Revenue 1-Sep 789.29 8180 1100 VISA9-Aug 10,390.00 1500 1100 Sysco 1-Sep 57,848.42 8200 1100 ADP 13-Aug 2,500.00 6100 1100 Astro Travel 1-Sep 839.72 8500 1100 Sports Chalet13-Aug 2,250.00 6300 1100 Expense 2-Sep 250.00 8130 1100 Freddy's Fix-it14-Aug 54.38 7100 1100 Bloomberg Ad 4-Sep 2,500.00 6100 1100 Astro Travel14-Aug 668.75 7300 1100 Seminole Cater. 4-Sep 2,250.00 6300 1100 Expense14-Aug 217.00 7400 1100 Champion 4-Sep 3,000.00 8135 1100 Trimax Properties14-Aug 449.00 7500 1100 LaQuinta-Tampa 4-Sep 27,000.00 1400 2200 Johnson Print.14-Aug 252.00 7600 1100 Astro Travel 5-Sep 787.52 8150 1100 City of Tall14-Aug 2,175.00 1100 4200 Revenue 6-Sep 1,938.00 6200 1100 Motor Lodge15-Aug 2,482.00 6200 1100 Fairfield Inn 6-Sep 392.55 8150 1100 Sprint15-Aug 57,848.42 8200 1100 ADP 6-Sep 2,589.66 8500 1100 Sports Chalet20-Aug 1,950.00 8130 1100 Freddy's Fix-it 7-Sep 205.21 8115 1100 Danka20-Aug 1,500.00 8165 1100 Johnson Print. 7-Sep 7,441.41 8500 1100 Sports Chalet21-Aug 189.99 8500 1100 Sports Chalet 8-Sep 2,500.00 2200 1100 Johnson Print.22-Aug 28.13 7100 1100 Bloomberg Ad 8-Sep 900.00 8120 1100 Allstate22-Aug 497.50 7300 1100 Seminole Cater. 9-Sep 160.00 7100 1100 Bloomberg Ad22-Aug 112.00 7400 1100 Champion 9-Sep 367.75 7300 1100 Seminole Cater.22-Aug 739.82 8200 1100 ADP 9-Sep 640.00 7400 1100 Champion22-Aug 3,990.00 5100 1400 Expense 9-Sep 384.00 7500 1100 LaQuinta-Orlando22-Aug 6,343.05 5100 1500 Expense 9-Sep 251.00 7600 1100 Astro Travel22-Aug 17,159.00 1100 4100 Revenue 9-Sep 75.00 8130 1100 AIA Handyman22-Aug 1,125.00 1100 4200 Revenue 9-Sep 1,500.00 8165 1100 Johnson Print.22-Aug 3,255.00 1100 4400 Revenue 9-Sep 6,400.00 1100 4200 Revenue22-Aug 11,970.00 1100 4500 Revenue 10-Sep 115.00 8145 1100 US PO


Date Amount Debit Credit To Date Amount Debit Credit To11-Sep 6,685.00 1500 1100 Sysco 27-Sep 4,661.00 5100 1400 Expense11-Sep 500.00 8210 1100 ADP 27-Sep 4,854.10 5100 1500 Expense11-Sep 3,570.00 5100 1400 Expense 27-Sep 13,376.00 1100 4100 Revenue11-Sep 5,639.60 5100 1500 Expense 27-Sep 3,150.00 1100 4400 Revenue11-Sep 15,231.00 1100 4100 Revenue 27-Sep 13,983.00 1100 4500 Revenue11-Sep 3,225.00 1100 4400 Revenue 27-Sep 53,600.00 1100 4600 Revenue11-Sep 10,710.00 1100 4500 Revenue 27-Sep 1,080.00 1200 4600 Revenue11-Sep 37,720.00 1100 4600 Revenue 29-Sep 22,516.41 4100 2100 Sales Tax Pay.11-Sep 2,400.00 1200 4600 Revenue 30-Sep 43,900.00 2200 1100 Johnson Print.12-Sep 350.00 8125 1100 Payton Brothers 30-Sep 15,000.00 3100 1100 F. Kennedy12-Sep 1,029.94 8200 1100 ADP 30-Sep 9,108.90 8105 1100 Canopy Roads12-Sep 3,652.00 5100 1400 Expense 30-Sep 8,000.00 8130 1100 Freddy's Fix-it12-Sep 5,821.35 5100 1500 Expense 30-Sep 6,000.00 8160 1100 Macon Marauders12-Sep 15,717.00 1100 4100 Revenue 30-Sep 10,000.00 8160 1100 Dothan Dogs12-Sep 3,270.00 1100 4400 Revenue 30-Sep 6,000.00 8160 1100 B. R. Kings12-Sep 10,956.00 1100 4500 Revenue 30-Sep 10,000.00 8160 1100 Gsville Gorillas12-Sep 39,776.00 1100 4600 Revenue 30-Sep 6,500.00 8160 1100 B. R. Kings12-Sep 3,480.00 1200 4600 Revenue 30-Sep 17,352.00 8200 1100 Ben Hill, bonus13-Sep 250.00 8140 1100 Helms Extermin. 30-Sep 34,704.00 8200 1100 P. Ackers, bonus14-Sep 400.00 8100 1100 Media Too 30-Sep 27,832.00 1100 1200 A/R14-Sep 2,000.00 8130 1100 Freddy's Fix-it 30-Sep 5,000.00 8600 1350 Acc. Dep. 15-Sep 387.00 8155 1100 1 Hr. Cleaners 30-Sep 5,000.00 8600 1350 Acc. Dep. 15-Sep 57,848.42 8200 1100 ADP 30-Sep 4,509.00 5110 1400 Expense16-Sep 350.00 8110 1100 Merri Maids 30-Sep 6,352.50 5110 1500 Expense16-Sep 10,000.00 8130 1100 Freddy's Fix-it 30-Sep 10,000.00 1100 4700 B. R. Kings18-Sep 2,500.00 6100 1100 Astro Travel 30-Sep 10,000.00 1100 4700 Gsville Gorillas18-Sep 2,250.00 6300 1100 Expense 30-Sep 273,765.12 1600 9000 Larkin Const.20-Sep 1,870.00 6200 1100 Day's Inn23-Sep 13,280.00 1500 1100 Sysco24-Sep 264.38 7100 1100 Bloomberg Ad24-Sep 412.75 7300 1100 Seminole Cater.24-Sep 1,057.00 7400 1100 Champion24-Sep 798.00 7500 1100 Marriott-Boston24-Sep 423.00 7600 1100 Astro Travel24-Sep 1,500.00 8165 1100 Johnson Print.24-Sep 6,625.00 1100 4200 Revenue26-Sep 3,724.00 5100 1400 Expense26-Sep 6,316.40 5100 1500 Expense26-Sep 17,335.00 1100 4100 Revenue26-Sep 3,240.00 1100 4400 Revenue26-Sep 11,172.00 1100 4500 Revenue26-Sep 42,442.00 1100 4600 Revenue26-Sep 1,680.00 1200 4600 Revenue27-Sep 633.66 8200 1100 ADP


Account # Account Name Type of Account1100 Cash Asset1200 Accounts Receivable Asset1300 Equipment Asset1350 Accumulated Depreciation Contra Asset1400 Inventory: Programs Asset1500 Inventory: Concessions Asset1600 Construction in Progress Asset2100 Sales Tax Payable Liability2200 Accounts Payable Liability3100 Owner's equity: Owner's Draw Equity4100 Revenue: Concessions Income4200 Revenue: Fundraising Income4300 Revenue: League Revenue Sharing Income4400 Revenue: Parking Income4500 Revenue: Programs Income4600 Revenue: Tickets Income4700 Revenue: Visiting Fees (from away games) Income5100 Cost of Goods Sold Expense5110 Cost of Goods Sold: Spoilage Expense6100 Away Game: Bus Rental Expense6200 Away Game: Hotel Expense6300 Away Game: Per diem Expense7100 Fundraising: Advertising Expense7300 Fundraising: Catering Expense7400 Fundraising: Giveaways Expense7500 Fundraising: Lodging & Event Space Rental Expense7600 Fundraising: Travel Expense8100 Administration: Advertising Expense8105 Administration: Arena Rental Expense8110 Administration: Cleaning Service Expense8115 Administration: Copier Lease Expense8120 Administration: Insurance Expense8125 Administration: Lawn Care Expense8130 Administration: Maintenance Expense8135 Administration: Rent Expense8140 Administration: Pest Control Expense8145 Administration: Postage Expense8150 Administration: Utilities Expense8155 Administration: Dry Cleaning Expense8160 Administration: Revenue Sharing with Visitors Expense8165 Administration: Printing Expense8180 Administration: Miscellaneous Expense8200 Administration: Compensation Expense8210 Administration: Payroll Preparation Fee Expense8500 Program: Equipment Expense Expense8600 Depreciation Expense9000 Construction Loan Liability

Handout 5. Chart of accounts

Handout 6. Recurring expenses and revenuesVendor Amount ExpenseADP Payroll Services $500 Monthly preparation fee.

ADP Payroll Services ADP issues payroll checks. 7.65% FICA & Medicare, 15% Federal withholding. No state income tax in Florida.

AIA Handyman $75 $75 per month for routine maintenance in offices (changing bulbs, etc.), larger repairs will be negotiated.

Allstate Insurance $900 $900 per month for insurance on buildings, equipment, vehicles.

Boston Sox $75,000 Franklin Kennedy, owner of the Boston Sox, helps the TBC get started each season with $75,000 seed money for salaries.

Canopy Roads5% of ticket

Arena Rental. Due at end of month. Based on attendance.

City of Tallahassee varies Fees for electricity, water, sewageDanka $205 Monthly for copier lease.Florida Department of Revenue 7.50%

Applies to ticket revenue, program sales, parking revenue and promotional sales.

Franklin Kennedy variesMonthly owner's draw (to recover seed money from beginning of season)

Helms Exterminator $250 Monthly upkeep for pest control

Johnson Printers $2,500 Monthly payments for the season's programs purchased at the beginning of the year, so only inserts with updated stats have to be purchased for each game series.

Johnson Printers $1,500 For inserts for each game series.

League Teams variesTeams in the league share revenues from games, so all teams benefit from each game played. Amounts are negotiated on a game by game basis.

Media Too $400 Annual advertising contract Merri Maids $350 Monthly fee for cleaning of offices and training centerOne Hour Cleaners varies Dry cleaning uniformsPayton Brothers $350

Monthly lawn maintenance. Includes office, training field, training facilities

Sprint varies Fees for telephone serviceSysco Foods varies Supplier for concession food.Trimax Properties $3,000 Monthly rental payment for office building.US Post Office varies Postage.

Handout 7. Pricing informationTickets Cost Sales

Price Taxable

Standard N/A $12.00 Yes Tax included in sales price, paid to State monthly.

Disc. Standard N/A $9.60 YesDisc Balcony N/A $5.60 YesBalcony N/A $7.00 Yes

Parking Cost Sales Price

Taxable

Cars N/A $2.00 Yes Tax included in sales price, paid to State monthly.

Oversized Vehicles

N/A $3.00 Yes

Programs Cost Sales Price

Taxable

Programs $1.00 $3.00 Yes Tax included in sales price, paid to State monthly.

Inserts $0.50 Included

Concessions Cost Sales Price

Taxable

Hamburgers $1.40 $4.00 Yes Tax included in sales price, paid to State monthly.

Hotdogs $1.25 $3.00 YesPopcorn $0.70 $2.00 YesPeanuts $0.70 $2.00 YesSoda $0.35 $1.00 YesBeer $1.35 $4.00 YesCondiments $0.05 $0.00 No

Arena Seating Capacity= 5500 (4000 std, 1500 balcony)

Some groups, who prepay, get discounted tickets

Handout 8. Away game expense invoicesCash for Players for food each trip:Date Perdiem given to players

Number of days of per

diem*Per diem given

per playerTotal per diem

Number of players and staff given per diem

May 1 4 $25.00 $3,000.00 30May 20 3 $25.00 $2,250.00 30June 19 3 $25.00 $2,250.00 30July 1 4 $25.00 $3,000.00 30July 21 4 $25.00 $3,000.00 30August 2 3 $25.00 $2,250.00 30August 13 3 $25.00 $2,250.00 30September 4 3 $25.00 $2,250.00 30September 18 3 $25.00 $2,250.00 30*Includes one travel day per away series.

Astro Travel

Hotel Invoices (Players, coaches and a few lucky staff) for Away Games:Dates of Hotel Stay

Number of rooms*

Number of nights

Price per room Location

May 1 - 4 17 3 $75.00 Day's Inn, Dothan, ALMay 20 - 22 17 2 $68.00 Day's Inn, Baton Rouge, LAJune 19 - 21 17 2 $59.00 Day's Inn, Gainesville, FLJuly 1 - 4 17 3 $85.00 Holiday Inn, Macon, GAJuly 21 - 24 17 3 $78.00 Day's Inn Pensacola, FLAugust 2 - 4 17 2 $65.00 Day's inn Gainesville, FLAugust 13 - 15 17 2 $73.00 Fairfield Inn, Macon, GASeptember 4 - 6 17 2 $57.00 Motor Lodge, Gainesville, FLSeptember 18 - 20 17 2 $55.00 Day's Inn Baton Rouge, LA*Players are required to stay 2 to a room

Contract for Bus Rental @ $2500.00 per away game trip

Handout 9. Equipment purchase orders, invoices, and receiving slips

Purchase Order Date

Invoice & delivery date

Items ordered and delivered Qty

Price per item Total Price

Shipment verified by Sam or Julie

May 3 May 5 Dry-line marker 1 $429.00 $429.00 May 5Men's Jerseys 31 $29.99 $929.69Men's Pants 31 $69.99 $2,169.69Shoes 31 $79.99 $2,479.69Socks 62 $21.99 $1,363.38Total $7,371.45

May 18 May 20 Batting gloves 4 $39.99 $159.96 May 20Eye black 2 $2.99 $5.98Bases 1 $179.00 $179.00Total $344.94

June 3 June 5 Sliding shorts 28 $49.99 $1,399.72 June 5Supporters 28 $14.99 $419.72Tape 10 $4.99 $49.90Total $1,869.34

June 18 June 20 Game bats 10 $229.99 $2,299.90 June 20Total ` $2,299.90

July 3 July 5 Practice balls /36 7 $89.99 $629.93 July 5Game balls/dozen 7 $79.99 $559.93Machine balls/doz. 10 $69.99 $699.90Practice bats 10 $69.99 $699.90Total $2,589.66

July 18 July 20 Batting helmets 28 $29.99 $839.72 July 20Total $839.72

August 3 August 5 Baseball mitts 21 $104.99 $2,204.79 August 5Total $2,204.79

August 18 August 20 First base mitts 1 $189.99 $189.99 August 20Total $189.99

Sept. 3 Sept. 5 Bases 1 $179.00 $179.00 Sept. 5Game balls/dozen 4 $79.99 $319.96Men's Jerseys 31 $29.99 $929.69Men's Pants 31 $69.99 $2,169.69Shoes 31 $79.99 $2,479.69Socks 62 $21.99 $1,363.38

Total $7,441.41

Handout 10. Fundraising revenue and expenseTravel, lodging, and food Date Location Astro Travel Room Food Amenities HotelMay 6 Boston $486.00 $490.00 $92.00 $15.00 MarriottMay 8 Tallahassee 0.00 0.00 0.00 0.00May 16 - 19 Ft. Lauderdale 864.00 381.00 83.00 25.00 MarriottJun 14 - 15 Boston 582.00 594.00 289.00 15.00 MarriottJul 1 - 2 Jacksonville 187.50 254.00 100.00 24.00 MarriottJul 13 - 15 Miami 254.00 675.00 188.00 13.00 MarriottJuly 17 Tallahassee 0.00 0.00 0.00 0.00Aug 12 - 13 Tampa 252.00 170.00 229.00 50.00 La QuintaAug 21 Tallahassee 0.00 0.00 0.00 0.00Aug 23 - 24 Boston 581.00 450.00 221.00 50.00 MarriottSep 6 - 8 Orlando 251.00 381.00 0.00 3.00 La QuintaSep 22 - 23 Boston 423.00 378.00 345.00 75.00 MarriottAdvertising Expenses (Invoices from Bloomberg Advertising)Date Radio Ads Flyers Print Ads TV AdsMay 7 $103.75 $20.00 $0.00 $0.00May 9 36.88 0.00 0.00 0.00May 19 76.88 0.00 0.00 0.00Jun 16 84.36 20.00 0.00 0.00Jul 3 48.75 0.00 0.00 0.00Jul 16 80.00 0.00 0.00 0.00Jul 18 35.00 0.00 0.00 0.00Aug 14 54.38 0.00 0.00 0.00Aug 22 0.00 0.00 28.13 0.00Aug 25 241.88 0.00 0.00 0.00Sep 9 160.00 0.00 0.00 0.00Sep 24 0.00 50.00 0.00 214.38Invoices from Seminole CateringDate TBC Cakes Centerpieces Linens Other May 7 $150.00 $57.50 $65.00 $35.00May 9 200.00 68.00 65.00 45.00May 19 175.00 65.00 55.00 25.00Jun 16 175.00 52.00 40.00 73.75Jul 3 150.00 60.00 38.00 48.25Jul 16 350.00 118.00 110.00 75.75Jul 18 325.00 86.00 75.00 54.00Aug 14 410.00 95.00 88.00 75.75Aug 22 310.00 72.00 82.50 33.00Aug 25 150.00 85.00 47.00 37.75Sep 9 225.00 57.75 40.00 45.00Sep 24 230.00 69.00 73.75 40.00

/BilledbyHotel/

Total$123.75

36.8876.88

104.3648.7580.0035.0054.3828.13

241.88160.00264.38

Total$307.50378.00320.00340.75

319.75367.75412.75

Seminole Catering provides items decorated with TBC colors and logos.

296.25653.75540.00668.75497.50

Handout10.Fundraisingrevenueandexpense(continued)

Item Unit May 7 May 9 May 19 June 16 July 3 July 16 Price QTY QTY QTY QTY QTY QTY

T-shirts $7 0 11 11 11 10 10Baseball hats $15 5 0 10 10 0 0Pom-poms $2 0 10 10 5 10 5Souvenir bats $3 0 0 10 10 10 10Bobbing-head doll $15 0 0 0 10 1 0TBC gym bags $20 20 0 0 0 0 10TBC Blazers $250 0 0 0 0 0 0Bumper stickers $1 20 10 30 0 20 10TBC flags $4 0 10 0 0 10 0Total Invoice $495.00 $147.00 $307.00 $417.00 $195.00 $320.00 Item Unit July 18 Aug 14 Aug 22 Aug 25 Sept 9 Sept 24

Price QTY QTY QTY QTY QTY QTYT-shirts $7 20 11 0 5 10 1Baseball hats $15 0 9 5 5 10 3Pom-poms $2 0 1 0 0 10 0Souvenir bats $3 0 1 0 0 10 0Bobbing-head doll $15 0 0 0 0 10 0TBC gym bags $20 0 0 0 0 10 0TBC Blazers $250 0 0 0 3 0 4Bumper stickers $1 0 0 29 7 0 5TBC flags $4 0 0 2 0 5 0Total Invoice $140.00 $217.00 $112.00 $867.00 $640.00 $1,057.00

Invoices from Champion Sport Novelties

Handout 10. Fundraising revenue and expense (continued)Fundraiser Donor Amount Fundraiser Donor AmountMay 6 Barney Smith $1,000.00 July 17 Larry John $5,700.00Boston, MA Nick Antonio $1,000.00 Tallahassee, FL Julie Harris $700.00

Jack Washington $1,000.00Everett Rosenbaum $1,000.00 August 12 - 13 Hannah Hamilton $500.00Buster Rhimes $950.00 Tampa, FL Harriet Sellers $500.00

Mabel Burns $500.00May 8 Harry Roswell $4,200.00 M. Mendenhall $500.00Tallahassee, FL Oliver Newton $200.00 Opal Drew $100.00

Gerald Lopez $200.00 Penelope Walker $75.00Flora Fawn $200.00Bambi Kelly $200.00 August 21 Marks & Assoc. $300.00Fontana Rogers $475.00 Tallahassee, FL Tarpon Electric $100.00

Capital Motor Co. $100.00May 16 - 18 John Yumo $3,075.00 Wakulla Pools $300.00Ft. Lauderdale, FL George Thomas $357.00 Moody Service $100.00

Suzy Lee $4,725.00 Service Plus $225.00

June 14 - 15 Joe Icerman $2,000.00 August 23 - 24 Murphy Oil Corp $7,000.00Boston, MA Jerry Jenkins $2,000.00 Boston, MA Jason Wozniak $2,000.00

Terry Redford $175.00 Cyndi Goodbody $300.00 Suzi Cuddle $375.00

July 1 - 2 Robert Taylor $500.00Jacksonville, FL Joe Caldwell $500.00 Sept. 6 - 8 Jose Garcia $3,000.00

Lance Cox $500.00 Orlando, FL Eric Menendez $2,000.00Misty Moss $9,450.00 Robin Egg $1,400.00

July 13 - 15 Mitchell Plumbing $2,500.00 Sept. 22 - 23 $4,000.00Miami, FL Georgia Drywall $500.00 Boston, MA Ann Johnson $750.00

No. Florida Doors $500.00 Ted Ramsey $375.00Panhandle Beer $500.00 Hunter Keaton $1,500.00Hampton Attny $500.00Precision Paints $500.00Toni Gams $100.00Pepper Salsa $100.00

Handout 11. PayrollHours Hours Hours Hours Hours Hours Hours Hours

Hourly May June June July Aug Aug Sept Sept Area Name Wage 13-15 5-7 24-26 10-11 7-8 22 11-12 26-27Concessions Tuney, P. $6.00 10.0 9.5 6.0 3.5 6.3 4.5Concessions Hernandez, R. $6.00 9.5 9.5 6.5 6.3 6.3 4.0Concessions Fitzgerald, L. $6.00 9.5 10.0 6.5 6.0 3.3 4.0Concessions Maroney, M $6.00 9.0 9.5 9.0 6.5 3.0 6.0Concessions Hope, H. $6.00 10.0 10.0 11.0 7.0 7.5 4.0 7.0 5.0

Bleacher Garcia, M. $6.00 9.5 9.5 9.5 3.0Bleacher Newman, T. $6.00 9.5 6.0 3.3 6.5 4.0Bleacher Bennett, M. $6.00 10.0 10.0 6.0 6.0 3.3 6.3Bleacher Zimmerman, G. $6.00 9.5 6.5 7.0 4.5 7.0 4.0Bleacher Valroy, G. $6.00 7.0 7.0 3.0 6.5 4.0Bleacher Sheffield, K. $6.00 6.5 7.8 3.0 7.0 4.0Bleacher Fuentes, P. $6.00 9.5 9.5 6.8 4.0Bleacher Donaldson, D. $6.00 12.0 12.0 12.0 5.0Bleacher Cook, B. $6.00 10.0 9.5 10.0 6.0Bleacher Stapleton, A. $6.00 10.5 10.5 10.0 6.0 7.5

Parking Houser, R. $6.00 9.0 9.0 9.5 3.0 6.0 3.0Parking Kelley, D. $6.00 12.0 12.0 12.0 7.0 7.0 3.5Parking Fernandez, H. $6.00 9.5 10.0 7.5 3.8 4.0Parking Johnson, E. $6.00 10.0 11.0 6.0 3.0Parking Kapella, K. $6.00 11.0 7.0 7.0 3.5 6.5 3.0Parking Fusilli, G. $6.00 11.0 6.0 7.0 5.0 6.0Parking Flanagon, B. $6.00 12.0 12.0 6.5 3.5 6.5 3.5Parking Brighton, Y. $6.00 11.5 6.0 6.0

Tickets Myers, M. $7.25 10.0 10.0 10.5 6.0 6.0 9.0 6.0 3.5Tickets Lipponi, J. $7.25 10.0 10.5 10.5 6.0 6.0 9.0 6.0 3.5Tickets Child, G. $7.25 10.0 10.0 10.5 6.0 6.0 9.0 6.0 3.5

Programs Riley, S. $6.00 6.5 7.0 6.0 4.5 6.5 6.3 5.0 3.0Programs Stivers, K. $6.00 6.5 7.0 6.0 4.5 6.5 6.3 5.0 3.0

Security Webster, P. $7.25 14.0 14.0 14.0 9.5 14.0 5.0 8.5 5.0Security Evans, B. $7.25 14.0 14.0 14.0 9.5 14.0 5.0 8.5 5.0Mascot Wonka, W. $7.25 12.0 12.5 13.0 9.0 11.5 4.0 8.0 4.0

Handout 11. Payroll (continued)

ContractArea Name Length Amount

Player Abelson, B. 8 months $25,000.00Player Bailey, R. 8 months $24,000.00Player Biancalana, B. 8 months $20,000.00Player Brett, J. 8 months $25,000.00Player Bridges, S. 8 months $22,000.00Player Buckner, W. 8 months $23,000.00Player Campbell, L. 8 months $28,000.00Player Chester, B. 8 months $24,000.00Player Curtis, J. 8 months $25,000.00Player Dell, Aaron 8 months $20,000.00Player Fox, V. 8 months $21,000.00Player Holstein, D. 8 months $22,000.00Player Johnson, J. 8 months $23,000.00Player McArthur, M. 8 months $24,000.00Player Merrick, J. 8 months $25,000.00Player Patek, F. 8 months $26,000.00Player Oquindo, I. 8 months $27,000.00Player Ortega, J. 8 months $20,000.00Player Pryor, K. 8 months $21,000.00Player Santiago, J. 8 months $22,000.00Player Stalker, K. 8 months $23,000.00Player Wahlburg, W. 8 months $24,000.00Player Wash, U.R. 8 months $25,000.00Player Ziegler, H. 8 months $26,000.00

Office Ackers, P 12months $95,000.00Office Roper, J. 12months $30,000.00Office Hill, B 12months $48,000.00Office Larson, C. 8 months $22,000.00Office Shelton, M. 8 months $19,000.00Office Johnson, T. 12months $85,000.00Office McCarty, S. 8 months $17,500.00Office Webb, J 8 months $22,000.00Office Tedder, T 8 months $21,500.00Office Gott, D 8 months $20,800.00

Handout 12. Construction invoices received by TBC.

Previous Work Total Pct. Balance Retained byScheduled work completed completed to General

Value complete In May to date comp. finish ContractorGeneral conditions 177,404.70 0.00 17,740.47 17,740.47 0.10 159,664.23 1,774.05Demolition 16,000.00 0.00 15,500.00 15,500.00 0.97 500.00 1,550.00Site work 39,994.00 0.00 22,000.00 22,000.00 0.55 17,994.00 2,200.00Landscape, sod 4,600.00 0.00 0.00 0.00 0.00 4,600.00 0.00Concrete 54,487.00 0.00 0.00 0.00 0.00 54,487.00 0.00Masonry 25,000.00 0.00 0.00 0.00 0.00 25,000.00 0.00Structural steel 152,147.00 0.00 0.00 0.00 0.00 152,147.00 0.00Carpentry 18,000.00 0.00 0.00 0.00 0.00 18,000.00 0.00Thermal, moisture 8,319.00 0.00 0.00 0.00 0.00 8,319.00 0.00Doors, windows, etc. 25,000.00 0.00 0.00 0.00 0.00 25,000.00 0.00Stucco, drywall etc. 28,500.00 0.00 0.00 0.00 0.00 28,500.00 0.00Floor covering 6,400.00 0.00 0.00 0.00 0.00 6,400.00 0.00Painting 10,000.00 0.00 0.00 0.00 0.00 10,000.00 0.00Specialties 7,270.00 0.00 0.00 0.00 0.00 7,270.00 0.00Toilet, accessories 3,584.00 0.00 0.00 0.00 0.00 3,584.00 0.00Sign reconst. 645.00 0.00 0.00 0.00 0.00 645.00 0.00Plumbing etc 13,237.00 0.00 0.00 0.00 0.00 13,237.00 0.00Heating, a/c 58,407.00 0.00 0.00 0.00 0.00 58,407.00 0.00Electrical 62,000.00 0.00 0.00 0.00 0.00 62,000.00 0.00Sound system 4,000.00 0.00 0.00 0.00 0.00 4,000.00 0.00Total 714,994.70 0.00 55,240.47 55,240.47 0.08 659,754.23 5,524.05

Previous Work Total Pct. Balance Retained byScheduled work completed completed to General Value complete In June to date comp. finish ContractorGeneral conditions 177,404.70 17,740.47 15,816.80 33,557.27 0.19 143,847.43 3,355.73Demolition 16,000.00 15,500.00 500.00 16,000.00 1.00 0.00 1,600.00Site work 39,994.00 22,000.00 18,000.00 40,000.00 1.00 -6.00 4,000.00Landscape, sod 4,600.00 0.00 0.00 0.00 0.00 4,600.00 0.00Concrete 54,487.00 0.00 29,967.85 29,967.85 0.55 24,519.15 2,996.79Masonry 25,000.00 0.00 0.00 0.00 0.00 25,000.00 0.00Structural steel 152,147.00 0.00 55,229.36 55,229.36 0.36 96,917.64 5,522.94Carpentry 18,000.00 0.00 5,000.00 5,000.00 0.28 13,000.00 500.00Thermal, moisture 8,319.00 0.00 2,000.00 2,000.00 0.24 6,319.00 200.00Doors, windows, etc. 25,000.00 0.00 15,000.00 15,000.00 0.60 10,000.00 1,500.00Stucco, drywall etc. 28,500.00 0.00 0.00 0.00 0.00 28,500.00 0.00Floor covering 6,400.00 0.00 0.00 0.00 0.00 6,400.00 0.00Painting 10,000.00 0.00 0.00 0.00 0.00 10,000.00 0.00Specialties 7,270.00 0.00 0.00 0.00 0.00 7,270.00 0.00Toilet, accessories 3,584.00 0.00 0.00 0.00 0.00 3,584.00 0.00Sign reconst. 645.00 0.00 0.00 0.00 0.00 645.00 0.00Plumbing etc 13,237.00 0.00 3,500.00 3,500.00 0.26 9,737.00 350.00Heating, a/c 58,407.00 0.00 10,789.00 10,789.00 0.18 47,618.00 1,078.90Electrical 62,000.00 0.00 1,345.00 1,345.00 0.02 60,655.00 134.50Sound system 4,000.00 0.00 0.00 0.00 0.00 4,000.00 0.00Total 714,994.70 55,240.47 157,148.01 212,388.48 0.30 502,606.22 21,238.85

Larkin Construction Company, Application for Payment, certified for payment Jun 30, Phil Ackers

Larkin Construction Company, Application for Payment, certified for payment Jun 30, Phil Ackers

Student Handout 12. Construction invoices received by TBC (continued)


Value complete In July to date comp. finish ContractorGeneral conditions 177,404.70 33,557.27 15,816.80 49,374.07 0.28 128,030.63 4,937.41Demolition 16,000.00 16,000.00 0.00 16,000.00 1.00 0.00 1,600.00Site work 39,994.00 40,000.00 0.00 40,000.00 1.00 -6.00 4,000.00Landscape, sod 4,600.00 0.00 0.00 0.00 0.00 4,600.00 0.00Concrete 54,487.00 29,967.85 29,967.85 59,935.70 1.10 -5,448.70 5,993.57Masonry 25,000.00 0.00 0.00 0.00 0.00 25,000.00 0.00Structural steel 152,147.00 55,229.36 55,229.36 110,458.72 0.73 41,688.28 11,045.87Carpentry 18,000.00 5,000.00 5,000.00 10,000.00 0.56 8,000.00 1,000.00Thermal, moisture 8,319.00 2,000.00 3,000.00 5,000.00 0.60 3,319.00 500.00Doors, windows, etc. 25,000.00 15,000.00 2,000.00 17,000.00 0.68 8,000.00 1,700.00Stucco, drywall etc. 28,500.00 0.00 1,000.00 1,000.00 0.04 27,500.00 100.00Floor covering 6,400.00 0.00 0.00 0.00 0.00 6,400.00 0.00Painting 10,000.00 0.00 1,000.00 1,000.00 0.10 9,000.00 100.00Specialties 7,270.00 0.00 0.00 0.00 0.00 7,270.00 0.00Toilet, accessories 3,584.00 0.00 0.00 0.00 0.00 3,584.00 0.00Sign reconst. 645.00 0.00 0.00 0.00 0.00 645.00 0.00Plumbing etc 13,237.00 3,500.00 4,000.00 7,500.00 0.57 5,737.00 750.00Heating, a/c 58,407.00 10,789.00 15,000.00 25,789.00 0.44 32,618.00 2,578.90Electrical 62,000.00 1,345.00 32,550.00 33,895.00 0.55 28,105.00 3,389.50Sound system 4,000.00 0.00 0.00 0.00 0.00 4,000.00 0.00

Subtotal 714,994.70 212,388.48 164,564.01 376,952.49 0.53 338,042.21 37,695.25Chg Order JulyGeneral conditions 5,586.00 0.00 1,000.00 1,000.00 0.18 4,586.00 100.00Site work 1,184.00 0.00 689.25 689.25 0.58 494.75 68.93Thermal, moisture 568.00 0.00 962.40 962.40 1.69 -394.40 96.24Masonry 1,484.00 0.00 0.00 0.00 0.00 1,484.00 0.00Carpentry 4,410.00 0.00 1,600.83 1,600.83 0.36 2,809.17 160.08Doors, windows 11,323.00 0.00 5,320.00 5,320.00 0.47 6,003.00 532.00Stucco, drywall etc. 30,052.00 0.00 0.00 0.00 0.00 30,052.00 0.00Specialties 2,000.00 0.00 1,000.00 1,000.00 0.50 1,000.00 100.00Plumbing etc 4,237.00 0.00 2,000.00 2,000.00 0.47 2,237.00 200.00Heating a/c 1,000.00 0.00 0.00 0.00 0.00 1,000.00 0.00

Subtotal 61,844.00 0.00 12,572.48 12,572.48 0.20 49,271.52 1,257.25Total 776,838.70 212,388.48 177,136.49 389,524.97 387,313.73 38,952.50

Larkin Construction Company, Application for Payment, certified for payment Jul 31, Phil Ackers

Handout 12. Construction invoices received by TBC (continued)


Value complete In August to date comp. finish ContractorGeneral conditions 177,404.70 49,374.07 15,816.80 65,190.87 0.37 112,213.83 6,519.09Demolition 16,000.00 16,000.00 0.00 16,000.00 1.00 0.00 1,600.00Site work 39,994.00 40,000.00 0.00 40,000.00 1.00 -6.00 4,000.00Landscape, sod 4,600.00 0.00 1,000.00 1,000.00 0.22 3,600.00 100.00Concrete 54,487.00 59,935.70 0.00 59,935.70 1.10 -5,448.70 5,993.57Masonry 25,000.00 0.00 5,000.00 5,000.00 0.20 20,000.00 500.00Structural steel 152,147.00 110,458.72 55,229.36 165,688.08 1.09 -13,541.08 16,568.81Carpentry 18,000.00 10,000.00 5,000.00 15,000.00 0.83 3,000.00 1,500.00Thermal, moisture 8,319.00 5,000.00 3,000.00 8,000.00 0.96 319.00 800.00Doors, windows, etc. 25,000.00 17,000.00 2,000.00 19,000.00 0.76 6,000.00 1,900.00Stucco, drywall etc. 28,500.00 1,000.00 10,000.00 11,000.00 0.39 17,500.00 1,100.00Floor covering 6,400.00 0.00 6,000.00 6,000.00 0.94 400.00 600.00Painting 10,000.00 1,000.00 8,000.00 9,000.00 0.90 1,000.00 900.00Specialties 7,270.00 0.00 500.00 500.00 0.07 6,770.00 50.00Toilet, accessories 3,584.00 0.00 3,621.00 3,621.00 1.01 -37.00 362.10Sign reconst. 645.00 0.00 640.00 640.00 0.99 5.00 64.00Plumbing etc 13,237.00 7,500.00 2,000.00 9,500.00 0.72 3,737.00 950.00Heating, a/c 58,407.00 25,789.00 10,000.00 35,789.00 0.61 22,618.00 3,578.90Electrical 62,000.00 33,895.00 32,550.00 66,445.00 1.07 -4,445.00 6,644.50Sound system 4,000.00 0.00 0.00 0.00 0.00 4,000.00 0.00Subtotal 714,994.70 376,952.49 160,357.16 537,309.65 0.75 177,685.05 53,730.97Chg Order JulyGeneral conditions 5,586.00 1,000.00 1,000.00 2,000.00 0.36 3,586.00 200.00Site work 1,184.00 689.25 500.00 1,189.25 1.00 -5.25 118.93Thermal, moisture 568.00 962.40 0.00 962.40 1.69 -394.40 96.24Masonry 1,484.00 0.00 200.00 200.00 0.13 1,284.00 20.00Carpentry 4,410.00 1,600.83 1,600.83 3,201.66 0.73 1,208.34 320.17Doors, windows 11,323.00 5,320.00 6,000.00 11,320.00 1.00 3.00 1,132.00Stucco, drywall etc. 30,052.00 0.00 15,000.00 15,000.00 0.50 15,052.00 1,500.00Specialties 2,000.00 1,000.00 1,000.00 2,000.00 1.00 0.00 200.00Plumbing etc 4,237.00 2,000.00 0.00 2,000.00 0.47 2,237.00 200.00Heating a/c 1,000.00 0.00 1,295.18 1,295.18 1.30 -295.18 129.52Subtotal 61,844.00 12,572.48 26,596.01 39,168.49 8.18 22,675.51 3,916.85Chg Order AugustGeneral conditions 1,134.00 0.00 134.00 134.00 0.12 1,000.00 13.40Doors, windows 2,000.00 0.00 1,000.00 1,000.00 0.50 1,000.00 100.00Carpentry 9,270.00 0.00 5,000.00 5,000.00 0.54 4,270.00 500.00Heating a/c 2,000.00 0.00 1,000.00 1,000.00 0.50 1,000.00 100.00Site work 2,000.00 0.00 815.00 815.00 0.41 1,185.00 81.50Subtotal 16,404.00 0.00 7,949.00 7,949.00 0.48 8,455.00 794.90Total 793,242.70 389,524.97 194,902.17 584,427.14 208,815.56 58,442.71

Larkin Construction Company, Application for Payment, certified for payment Aug 31, Phil Ackers

Handout 12. Construction invoices received by TBC (continued)

Scheduled Value

Prior completed

Completed In Sept.

Completed to date

% comp.

Bal. to finish

Retained by Gen'l Contr.

General conditions 177,404.70 65,190.87 112,213.83 177,404.70 1.00 0.00 17,740.47Demolition 16,000.00 16,000.00 0.00 16,000.00 1.00 0.00 1,600.00Site work 39,994.00 40,000.00 0.00 40,000.00 1.00 -6.00 4,000.00Landscape, sod 4,600.00 1,000.00 3,600.00 4,600.00 1.00 0.00 460.00Concrete 54,487.00 59,935.70 0.00 59,935.70 1.10 -5,448.70 5,993.57Masonry 25,000.00 5,000.00 20,000.00 25,000.00 1.00 0.00 2,500.00Structural steel 152,147.00 165,688.08 0.00 165,688.08 1.09 -13,541.08 16,568.81Carpentry 18,000.00 15,000.00 3,150.00 18,150.00 1.01 -150.00 1,815.00Thermal, moisture 8,319.00 8,000.00 334.95 8,334.95 1.00 -15.95 833.50Doors, windows, etc. 25,000.00 19,000.00 6,300.00 25,300.00 1.01 -300.00 2,530.00Stucco, drywall etc. 28,500.00 11,000.00 18,375.00 29,375.00 1.03 -875.00 2,937.50Floor covering 6,400.00 6,000.00 420.00 6,420.00 1.00 -20.00 642.00Painting 10,000.00 9,000.00 1,000.00 10,000.00 1.00 0.00 1,000.00Specialties 7,270.00 500.00 7,108.50 7,608.50 1.05 -338.50 760.85Toilet, accessories 3,584.00 3,621.00 0.00 3,621.00 1.01 -37.00 362.10Sign reconst. 645.00 640.00 0.00 640.00 0.99 5.00 64.00Plumbing etc 13,237.00 9,500.00 4,073.33 13,573.33 1.03 -336.33 1,357.33Heating, a/c 58,407.00 35,789.00 23,748.90 59,537.90 1.02 -1,130.90 5,953.79Electrical 62,000.00 66,445.00 0.00 66,445.00 1.07 -4,445.00 6,644.50Sound system 4,000.00 0.00 4,200.00 4,200.00 1.05 -200.00 420.00Subtotal 714,994.70 537,309.65 204,524.51 741,834.16 1.04 -26,839.46 74,183.42Chg Order JulyGeneral conditions 5,586.00 2,000.00 3,586.00 5,586.00 1.00 0.00 558.60Site work 1,184.00 1,189.25 0.00 1,189.25 1.00 -5.25 118.93Thermal, moisture 568.00 962.40 0.00 962.40 1.69 -394.40 96.24Masonry 1,484.00 200.00 1,348.20 1,548.20 1.04 -64.20 154.82Carpentry 4,410.00 3,201.66 1,600.83 4,802.49 1.09 -392.49 480.25Doors, windows 11,323.00 11,320.00 0.00 11,320.00 1.00 3.00 1,132.00Stucco, drywall etc. 30,052.00 15,000.00 16,062.40 31,062.40 1.03 -1,010.40 3,106.24Specialties 2,000.00 2,000.00 295.18 2,295.18 1.15 -295.18 229.52Plumbing etc 4,237.00 2,000.00 2,500.00 4,500.00 1.06 -263.00 450.00Heating a/c 1,000.00 1,295.18 1,500.00 2,795.18 2.80 -1,795.18 279.52Subtotal 61,844.00 39,168.49 26,892.61 66,061.10 1.07 -4,217.10 6,606.11Chg Order AugustGeneral conditions 1,134.00 134.00 0.00 134.00 0.12 1,000.00 13.40Doors, windows 2,000.00 1,000.00 1,000.00 2,000.00 1.00 0.00 200.00Carpentry 9,270.00 5,000.00 5,124.00 10,124.00 1.09 -854.00 1,012.40Heating a/c 2,000.00 1,000.00 2,000.00 3,000.00 1.50 -1,000.00 300.00Site work 2,000.00 815.00 1,822.00 2,637.00 1.32 -637.00 263.70Subtotal 16,404.00 7,949.00 9,946.00 17,895.00 1.09 -1,491.00 1,789.50Chg Order Sept. Sound system 3,543.00 0.00 4,251.60 4,251.60 1.20 -708.60 425.16Floor covering 19,042.00 0.00 22,250.40 22,250.40 1.17 -3,208.40 2,225.04Sign reconstruction 400.00 0.00 400.00 400.00 1.00 0.00 40.00Heating a/c 3,100.00 0.00 3,500.00 3,500.00 1.13 -400.00 350.00Thermal, moisture 1,454.00 0.00 2,000.00 2,000.00 1.38 -546.00 200.00Subtotal 27,539.00 0.00 32,402.00 32,402.00 1.18 -4,863.00 3,240.20Total 820,781.70 584,427.14 273,765.12 858,192.26 -37,410.56 85,819.23

Larkin Construction Company, Application for Payment, certified for payment Sep 30, Phil Ackers

Handouts 13. ConcessionsHamburgers Hotdogs Popcorn Peanuts Soda Beer Condiments

Date # sold # sold # sold # sold # sold # sold # used*May 13 540 810 540 405 1080 540 1500May 14 482 725 475 362 982 375 0May 15 689 1256 777 548 1521 725 0Jun 5 722 1108 752 544 1322 589 1500Jun 6 752 1202 772 571 1523 587 1500Jun 7 630 945 630 473 1265 630 1500Jun 24 441 662 445 332 885 345 1000Jun 25 296 445 298 224 592 296 0Jun 26 560 842 562 421 1124 479 0Jul 10 760 1140 658 782 1802 800 2000Jul 11 700 1050 700 525 1402 700 0Aug 7 820 1230 820 615 1640 820 0Aug 8 860 1290 860 645 1720 860 2000Aug 22 950 1425 950 712 1952 952 2000Sep 11 840 1260 852 621 1685 865 2000Sep 12 881 1322 847 569 1875 880 2000Sep 26 981 1470 987 735 1969 897 0Sep 27 650 1050 750 800 1526 750 0

Item CostQTY ordered

May 12

QTY ordered June 6

QTY ordered June 24

QTY ordered July 9

QTY ordered Aug 7

QTY ordered Aug

22

QTY ordered Sept 9

Hamburgers 1.40 2000 2500 1500 1500 2000 1000 2000Hotdogs 1.25 3000 3500 2000 2500 3000 1500 3000Popcorn 0.70 2000 2500 1500 1500 2000 1000 2000Peanuts 0.70 1400 1200 1000 1200 1400 800 1400Soda 0.35 4000 5000 3000 3000 4000 2000 4000Beer 1.35 2000 2500 1500 1500 2000 1000 2000Condiments 0.05 5000 6000 3000 4000 4000 2000 5000

Rec'd Rec'd Rec'd Rec'd Rec'd Rec'd Rec'd13-May 7-Jun 25-Jun 10-Jul 8-Aug 23-Aug 10-Sep

Invoices from Sysco (matches purchase orders)

*Because it is so tedious, Julie does not count the condiments used after each game. Rather, she counts them on a sporadic basis.

Handout13.Concessions(continued)PerpetualInventory,Concessions

Hamburgers Hotdogs Popcorn Peanuts Soda Beer Condiments

Beg Inventory 3,500 4,000 3,000 3,000 5,500 2,500 5,000

13-May 4,960 6,190 4,460 3,995 8,420 3,960 8,50014-May 4,478 5,465 3,985 3,633 7,438 3,585 8,50015-May 3,789 4,209 3,208 3,085 5,917 2,860 8,50031-May 3,389 3,609 3,208 3,085 5,317 2,460 6,5005-Jun 2,667 2,501 2,456 2,541 3,995 1,871 5,0006-Jun 1,915 1,299 1,684 1,970 2,472 1,284 3,5007-Jun 3,785 3,854 3,554 2,697 6,207 3,154 8,00024-Jun 4,844 5,192 4,609 3,365 8,322 4,309 10,00025-Jun 4,548 4,747 4,311 3,141 7,730 4,013 10,00026-Jun 3,988 3,905 3,749 2,720 6,606 3,534 10,00030-Jun 3,188 3,105 3,749 2,720 5,806 2,834 8,00010-Jul 3,928 4,465 4,591 3,138 7,004 3,534 10,00011-Jul 3,228 3,415 3,891 2,613 5,602 2,834 10,00031-Jul 2,928 3,115 3,891 2,613 5,102 2,634 9,0007-Aug 2,108 1,885 3,071 1,998 3,462 1,814 9,0008-Aug 3,248 3,595 4,211 2,753 5,742 2,954 11,00022-Aug 3,298 3,670 4,261 2,841 5,790 3,002 11,00031-Aug 2,898 3,370 4,261 2,841 5,290 2,802 10,00010-Sep 4,898 6,370 6,261 4,241 9,290 4,802 15,00011-Sep 4,058 5,110 5,409 3,620 7,605 3,937 13,00012-Sep 3,177 3,788 4,562 3,051 5,730 3,057 11,00026-Sep 2,196 2,318 3,575 2,316 3,761 2,160 11,00027-Sep 1,546 1,268 2,825 1,516 2,235 1,410 11,00030-Sep 146 68 2,825 1,516 35 60 5,000Inventoryamountsarecomputedafterpurchases,salesandendofthemonthspoilagewriteoff.

PO DateMay 3 Install office dividersMay 15 Maintenance on weightlifting equipJune 10 Repair flooring in gym

June 14Tires, maintenance, painting, logos all vehicles and carts in TBC colors and logos

June 20 Fix broken screen doorsJuly 3 Fix whirlpool

July 14 Painting floor of gymAug 5 Repair dryer

Aug 17 Repair leaking skylight in training facilitySept 2 change shower headsSept 6 Redo Roof on training facilitiesSept 13 Carpet cleaningSept 30 Painting offices

Invoices from Freddy's Fix-it Shop

completed Item Billed Rec'd byMay 5 Install office dividers $700 Julie RoperMay 17 Maintenance for weights $1,500 Phil AckersJune 17 Repair flooring in gym $2,000 Julie RoperJune 21 Fix broken screen doors $250 Phil AckersJune 30 Paint and logos all vehicles and carts $33,500 Phil AckersJuly 4 Fix whirlpool $1,000 Phil AckersJuly 18 Paint the floor $1,200 Julie RoperAug 5 Fix dryer $250 Julie RoperAug 20 Repair leaky roof $1,950 Julie RoperSept 2 Change shower heads $250 Julie RoperSept 14 Clean carpets $2,000 Julie RoperSept 16 Redo roof $10,000 Phil AckersSept 30 Repaint offices $8,000 Julie Roper

Proprietor: Freddy Harris

Amount$700.00

$1,500.00$2,000.00

$33,500.00$250.00

$1,000.00$1,200.00

$250.00$1,950.00

$250.00$10,000.00$2,000.00$8,000.00

Student Handout 14. Maintenance purchase orders and invoices.Purchase Orders for Misc Maintenance: To Freddy's Fix-it

Freddy's Fix-it shop (2639 Mission Rd. Tallahassee, FL 32304

Handout 15. Ticket sales, parking and program sales

Standard seats sold on game

nightWill-call standard

Discounted standard Balcony

Discounted balcony

Total sold

May 13 1,501 599 200 550 50 2,900May 14 1,359 591 700 2,650May 15 2,265 780 1,000 4,045Jun 5 1,500 875 500 100 1,125 4,100Jun 6 2,046 754 700 275 625 4,400Jun 7 1,580 820 500 150 700 3,750Jun 24 955 1,045 200 100 500 2,800Jun 25 788 912 180 300 2,180Jun 26 1,690 1,335 200 700 3,925Jul 10 2,500 1,150 175 50 225 4,100Jul 11 2,400 1,220 30 40 210 3,900Aug 7 2,150 1,950 500 500 5,100Aug 8 2,360 1,840 600 500 5,300Aug 22 2,844 2,190 600 700 6,334Sep 11 2,160 200 150 640 1,050 4,200Sep 12 2,190 290 336 1,000 584 4,400Sep 26 1,560 140 1,293 450 1,457 4,900Sep 27 1,910 90 2,105 300 1,495 5,900

Parking Parking SalesDate cars oversized programs

May 13 1006 220 2160May 14 916 174 1800May 15 1215 285 2664Jun 5 1245 255 2628Jun 6 1275 225 3116Jun 7 1174 257 2268Jun 24 840 160 1826Jun 25 544 127 1199Jun 26 1056 216 2184Jul 10 1275 225 3078Jul 11 1230 270 2940Aug 7 1260 240 3034Aug 8 1215 285 3397Aug 22 1245 255 3990Sep 11 1275 225 3570Sep 12 1230 270 3652Sep 26 1260 240 3724Sep 27 1350 150 4661

Handout 16. Visa statementsVisa PO Box 38571 Previous Balance $353.27

Youngstown, OH Last Payment $200.00Beginning Balance $153.27

Account # 2354 2236 8957 2567 ChargesDate 20-Apr BB Sports $95.54

Publix $152.08Due Date 1-May BP Oil $44.89

Balance $445.78 current balance $445.78Visa PO Box 38571 Previous Balance $445.78


Account # 2354 2236 8957 2567 ChargesDate 20-May Home Depot $287.92

Sportsman $152.08Due Date 1-Jun Eckerd's $252.51

BB Sports Balance $692.51 current balance $692.51Visa PO Box 38571 Previous Balance $692.51


Account # 2354 2236 8957 2567 ChargesDate 20-Jun Wal-Mart $402.57

Play it again sports $252.08Due Date 1-Jul Target $37.86



Account # 2354 2236 8957 2567 ChargesDate 20-Jul Havertys $397.54

Eckerd's $252.08Due Date 1-Aug Lowes $42.89



Account # 2354 2236 8957 2567 ChargesDate 20-Aug Home Depot $200.00

Wal-Mart $225.87Due Date 1-Sep Georgios $336.64

Tinos Balance $922.58 current balance $992.58

Handout17.Monthlyfinancialstatements

May 31 Jun 30 Jul 31 Aug 31 Sep 30Revenue

Game Revenue $152,130 $314,995 $134,805 $260,522 $281,027Cost of Goods Sold (20,386) (38,723) (17,201) (29,298) (49,100)Paid to visiting Teams - (13,500) - (8,000) (38,500)

131,744 262,772 117,603 223,224 193,427Fundraising

Revenue 18,582 4,175 22,550 12,975 13,025Expenses (4,628) (2,342) (4,004) (5,009) (4,758)

13,954 1,833 18,546 7,966 8,267Other Revenues and Expenses

League Revenue Sharing 94,513 7,400 25,000 18,300 20,000Away Game Expenses (16,387) (6,756) (19,313) (14,192) (13,308)Operating Expenses (138,751) (180,015) (137,947) (140,562) (220,277)Game Equipment Exp (7,716) (4,119) - (2,395) (10,871)

(68,342) (183,490) (132,260) (138,849) (224,456)Net Income (Loss) 77,356 81,115 3,889 92,341 (22,762)

Beginning Owner's Equity 96,675 169,032 235,147 224,036 301,376Net Income (Loss) 77,356 81,115 3,889 92,341 (22,762)Owner Draws (5,000) (15,000) (15,000) (15,000) (15,000)Ending Owner's Equity 169,032 235,147 224,036 301,376 263,614

May 31 Jun 30 Jul 31 Aug 31 Sep 30Assets

Cash $98,450 $106,172 $89,085 $131,577 $112,111Accounts Receivable 14,338 71,602 86,912 132,124 112,932

Equipment (net) 51,917 72,417 67,417 67,417 57,417Programs 22,776 9,555 3,537 -6,884 0Concessions 19,168 19,131 7,947 12,690 3,671Construction in Progress 55,240 212,388 389,525 584,427 858,192

Total Assets 261,889 491,265 644,423 921,352 1,144,323Liabilities

Accounts Payable 26,900 24,400 21,900 19,400 0Sales Tax Payable 10,717 19,330 8,962 16,148 22,516Notes Payable 55,240 212,388 389,525 584,427 858,192

Total Liabilities 92,857 256,118 420,387 619,975 880,709Owner's Equity 169,032 235,147 224,036 301,376 263,614Total Liabilities &Owner's Equity 261,889 491,265 644,423 921,352 1,144,323

Tallahassee BeanCountersStatements of Income and Owner's Equity for months ended

Balance Sheet as of

Net Home Game Income

Net fundraising Income

Net other Rev and Exp

Tallahassee BeanCounters

Documents

Student Handouts - Fraud Case