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EFTA01118645

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FREEDOM AIR INTERNATIONAL INC. S-76C+ - Tail # N162AD / Serial Number 760472 Sales Analysis Date Amount 1,500,000 7/26/11 Purchase Expenses paid by Freedom Air International 7/26/11 Insured Aircraft Title Service - buy Insured Aircraft Title Service - sell 2,473 1,235 Larry Visoski Expenses Pilot Services 6,000 Rental Car 550 Airlines _Z656 Total Larry Visoski Expense 9,206 Larry Sales Commission 100,000 Maintenance 7/27/11 wo#3875 2,985 8/9/11 wo#3893 8,376 9/28/11 wo#3910 7,582 12/28/11 wo#3936 20,598 1/26/12 wo#3981 5,883 2/8/12 wo#38181 ,22 00 47,824 Maintenance Subscription 1,865 Web Helotrac 2x System 4,833 Insurance Cost 29,200 Total Expenses paid by Freedom Air International 196,635 Expenses paid by George Sam (1250 x 2 days) 2,500 Car rental 109 Aircraft Shopper Online 531 Controller 3 400 Total Expenses paid by George 6,540 COST BASIS 1,703,175 ESCROW (was 250k - 200k returned 2/21/2012) 50,000 SALES PRICE 2,200,000 NET GAIN ON SALE 446,825 Freedom Share of Profit 223,412 George Share of Profit (pd 100k on 2/9/2012) 223,412 EFTA01118645

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