CKM CHILDCARE, L.L.C.

COMPARISON BETWEEN COUNTRYSIDE COSTS PER 2008 TAX RETURN

AND EXPECTED COSTS PER FEERICK PROJECTION FOR "CURRENT ENROLLMENT-YEAR 1"

(PER ) (PER )
(FORM 1120 )(FEERICK )DIFFERENCE
INCOME
TUITION 272,561 272,480 81
FOOD SUBSIDIES FROM STATE 17,141 - 17,141 WE HAVE PRESENTED FOO
TOTAL PER FORM 1120 289,702 272,480
EXPENSES
SALARIES AND WAGES 163,753 208,180 (44,427) STAFFING IS AS REQUIRED
REPAIRS AND MAINTENANCE 4,905 700 4,205 MOST REPAIRS WILL BE D
RENTS 18,920 19,560 (640) PER LEASE
TAXES AND LICENSES 14,425 20,818 (6,393) FUNCTION OF HIGHER PA
DEPRECIATION 5,442 - 5,442 NON-CASH EXPENSE
ADVERTISING 1,934 - 1,934 NO IDENTIFIED NEED TO I
OTHER DEDUCTIONS
AUTO AND TRUCK EXPENSES 4,748 - 4,748 NO IDENTIFIED NEED TO I
PROFESSIONAL FEES 650 - 650 INCORPORATED INTO FEE
MAINTENANCE 959 700 259 REASONABLE
OFFICE EXPENSES 3,553 - 3,553 WE EXPECT THESE COSTS
POSTAGE 504 - 504 WE EXPECT THESE COSTS
SUPPLIES 3,505 - 3,505 WE EXPECT THESE COSTS
TELEPHONE 1,464 - 1,464 WE EXPECT THESE COSTS
UTILITIES 3,409 2,880 529 REASONABLE
FOOD 11,345 2,400 8,945 WE HAVE PRESENTED FOO
HEAT 3,006 2,640 366 REASONABLE
RUBBISH 905 1,200 (295) REASONABLE
INSURANCE 4,136 4,100 36 PER QUOTE
POOL AND SUPPLIES 920 - 920 NO IDENTIFIED NEED TO I
CELL PHONE 584 - 584 NO IDENTIFIED NEED TO I
CASUAL LABOR 3,172 - 3,172 NO IDENTIFIED NEED TO I
LIFE SAFETY 697 - 697 NO IDENTIFIED NEED TO I
BUSINESS LOANS PAYBACK 19,500 - 19,500 NO IDENTIFIED NEED TO I
PROFESSIONAL DEVELOPMENT 1,470 600 870 REASONABLE
TOTAL OTHER DEDUCTIONS 64,527 14,520 50,007
TOTAL PER FORM 1120 273,906 263,778 10,128
LLMENT-YEAR 1"

WE HAVE PRESENTED FOOD COSTS NET OF STATE REIMBURSEMENT

STAFFING IS AS REQUIRED BY STATE GUIDELINES

MOST REPAIRS WILL BE DONE BY THOMAS FEERICK
PER LEASE
FUNCTION OF HIGHER PAYROLL
NON-CASH EXPENSE
NO IDENTIFIED NEED TO INCUR THIS COST

NO IDENTIFIED NEED TO INCUR THIS COST

NCORPORATED INTO FEES FOR FEERICK FENCING
REASONABLE
WE EXPECT THESE COSTS TO BE INSIGNIFICANT
WE EXPECT THESE COSTS TO BE INSIGNIFICANT
WE EXPECT THESE COSTS TO BE INSIGNIFICANT
WE EXPECT THESE COSTS TO BE INSIGNIFICANT
REASONABLE
WE HAVE PRESENTED FOOD COSTS NET OF STATE REIMBURSEMENT
REASONABLE
REASONABLE
PER QUOTE
NO IDENTIFIED NEED TO INCUR THIS COST
NO IDENTIFIED NEED TO INCUR THIS COST
NO IDENTIFIED NEED TO INCUR THIS COST
NO IDENTIFIED NEED TO INCUR THIS COST
NO IDENTIFIED NEED TO INCUR THIS COST
REASONABLE
 FEERICK FENCING
THOMAS J. FEERICK-SOLE PROPRIETOR
STATEMENT OF INCOME AND EXPENSES-CASH BASIS
FOR THE TEN-MONTH PERIOD ENDING OCTOBER 31, 2009

SALES 131,497

COST OF GOODS SOLD

BEGINNING INVENTORY 435
PURCHASES 55,179
TOTAL GOODS AVAILABLE FOR SALE 55,614
ENDING INVENTORY (10,201)
COST OF GOODS SOLD 45,413

GROSS MARGIN 86,084

OPERATING EXPENSES
SUPPLIES 3,435
ADVERTISING 8,111
TRAVEL 8,018
REPAIRS AND MAINTENANCE 409
INSURANCE, LICENSES AND REGISTRATIONS 414
TELEPHONE 1,194
TOOLS 1,011
RENTAL 406
OFFICE SUPPLIES 327
SUBCONTRACTORS 650
TOTAL OPERATING EXPENSES 23,975

NET INCOME BEFORE PROVISION

FOR SELF-EMPLOYMENT TAXES 62,109

ESTIMATED PROVISION FOR

SELF-EMPLOYMENT TAXES 8,775

NET INCOME 53,334

OTHER NOTES
ACCOUNTS RECEIVABLE AT 10/31/09-NOT INCLUDED ABOVE 10,885

ACCOUNTS PAYABLE AT 10/31/09 -

SIGNED CONTRACTS FOR WORK TO BE PERFOMED 54,000

 FEERICK FENCING

2006 2007 2008 2009

NET INCOME 20,383 12,269 8,416 53,334

DEPREC 8,833 7,776 7,841 -

HOME OFFICE 1,679 2,532 320 -

NET INCOME 30,895 22,577 16,577 53,334

3-YEAR AVERAGE 30,829

4-YEAR AVERAGE 30,846

TOM AND MARGARET FEERICK

DEBT:INCOME RATIOS

WAGES-PEG(AS ADJUSTED) 28,000

SCHEDULE C-3-YEAR AVG 30,829
SCHEDULE E-RENTAL
NET LOSS PER 2008 RETURN (15,200)
INTEREST 9,535
TAXES 2,709
DEPRECIATION 9,632 6,676

TOTAL ANNUAL INCOME 65,505

MONTHLY INCOME 5,459

MONTHLY P&I AND TAXES 2,099

DEBT:INCOME RATIO 38.45%