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Covenant Village:FAHP & LIHTC Test:Trial 6: Test All Form Inputs: Projection

Schedule M: Accounting Adjustments

Annual capital vs. expense accts

  Total 1987 1988 1989
Dev.Costs Expensed to Oper.Exp.(A[19]) 5760 5760    
Const.Fin.Expensed to Debt Service 366473 176990 187197 2285
Oper.Exp.Capitalized -30178   -30178  
Ground Rent Capitalized -5769   -5769  
Perm.Fin.Int.Capitalized -3297   -3297  
Total 332989 182750 147953 2285



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