| Original Cash flow projection | ||||||||||||||
| 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | ||||||
| Real Estate | $ - | $ 356.80 | $ 396.20 | $ 253.30 | $ 203.90 | $ 111.60 | $ 75.60 | $ - | $ 359.70 | |||||
| Other assets | $ 646.00 | $ 398.90 | $ 263.90 | $ 229.20 | $ 171.70 | $ 96.80 | $ 10.90 | $ - | $ - | |||||
| Liquidiation Costs | $ (436.30) | $ (330.00) | $(284.60) | $(234.30) | $(164.20) | $(102.60) | $ (37.80) | $ - | $(206.50) | |||||
| Net | $ 209.70 | $ 68.90 | $ (20.70) | $ (5.10) | $ 7.50 | $ (5.80) | $ (26.90) | $ - | $(206.50) | |||||
| Net proceeds | $ 209.70 | $ 425.70 | $ 375.50 | $ 248.20 | $ 211.40 | $ 105.80 | $ 48.70 | $ - | $ 153.20 | |||||
| Present Value Cash flow projection | ||||||||||||||
| Discounted at | 15% | 0.61 | 0.53 | 0.46 | 0.40 | 0.35 | 0.30 | 0.27 | 0.23 | 0.20 | ||||
| Real Estate | $ - | $ 190.23 | $ 183.69 | $ 102.12 | $ 71.48 | $ 34.02 | $ 20.04 | $ - | $ 72.10 | $ 673.67 | ||||
| Discounted at | 12% | 0.67 | 0.60 | 0.54 | 0.48 | 0.43 | 0.38 | 0.34 | 0.30 | 0.27 | ||||
| Liquidation costs | $ (293.44) | $ (198.17) | $(152.59) | $(112.16) | $ (70.18) | $ (39.16) | $ (12.88) | $ - | $ (56.09) | $ (934.68) | ||||
| Other assets | $ 434.48 | $ 239.54 | $ 141.49 | $ 109.72 | $ 73.39 | $ 36.94 | $ 3.71 | $ - | $ - | $ 1,039.29 | ||||
| Net | $ 141.04 | $ 41.38 | $ (11.10) | $ (2.44) | $ 3.21 | $ (2.21) | $ (9.17) | $ - | $ (56.09) | $ 104.61 | ||||
| Net proceeds | $ 141.04 | $ 231.61 | $ 172.59 | $ 99.68 | $ 74.69 | $ 31.81 | $ 10.87 | $ - | $ 16.00 | $ 778.28 | ||||
| Net current Value - Jan 76 | ||||||||||||||
| $ 778.28 | ||||||||||||||
| Discounted at | 10% | 0.72 | 0.65 | 0.59 | 0.54 | 0.49 | 0.44 | 0.40 | 0.37 | 0.33 | ||||
| Real Estate | $ - | $ 232.36 | $ 234.56 | $ 136.33 | $ 99.76 | $ 49.64 | $ 30.57 | $ - | $ 120.21 | $ 903.42 | ||||
| Discounted at | 8% | 0.76 | 0.71 | 0.65 | 0.61 | 0.56 | 0.52 | 0.48 | 0.45 | 0.41 | ||||
| Liquidation costs | $ (333.27) | $ (233.40) | $(186.38) | $(142.08) | $ (92.19) | $ (53.34) | $ (18.20) | $ - | $ (85.22) | $ (1,144.08) | ||||
| Other assets | $ 493.46 | $ 282.14 | $ 172.83 | $ 138.98 | $ 96.40 | $ 50.32 | $ 5.25 | $ - | $ - | $ 1,239.37 | ||||
| Net | $ 160.18 | $ 48.73 | $ (13.56) | $ (3.09) | $ 4.21 | $ (3.02) | $ (12.95) | $ - | $ (85.22) | $ 95.29 | ||||
| Net proceeds | $ 160.18 | $ 281.09 | $ 221.00 | $ 133.23 | $ 103.97 | $ 46.62 | $ 17.62 | $ - | $ 34.98 | $ 998.72 | ||||
| Net current Value - Jan 76 | ||||||||||||||
| $ 998.72 | ||||||||||||||