Official Form 201 Voluntary Petition for Non-Individuals Filing for … · 2 days ago · Commodity...

Fill in this information to identify your case:

United States Bankruptcy Court for the:

DISTRICT OF DELAWARE

Case number (if known) Chapter 11

Check if this anamended filing

Official Form 201

Voluntary Petition for Non-Individuals Filing for Bankruptcy 04/20

If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor's name and the case number (ifknown). For more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.

1. Debtor's name Knighthouse Media, Inc.

2. All other names debtorused in the last 8 years

Include any assumednames, trade names anddoing business as names

FDBA S&R Media Corp.

3. Debtor's federalEmployer IdentificationNumber (EIN)

45-2805739

4. Debtor's address Principal place of business Mailing address, if different from principal place ofbusiness

150 N. Michigan Ave.Chicago, IL 60601

830 W. Route 22 #104Lake Zurich, IL 60047

Number, Street, City, State & ZIP Code P.O. Box, Number, Street, City, State & ZIP Code

Cook Location of principal assets, if different from principalplace of businessCounty

Number, Street, City, State & ZIP Code

5. Debtor's website (URL) https://www.knighthousemedia.com/

6. Type of debtor Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))

Partnership (excluding LLP)

Other. Specify:

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1

Case 20-12448-JTD Doc 1 Filed 10/02/20 of 118

Debtor Knighthouse Media, Inc. Case number (if known)

Name

7. Describe debtor's business A. Check one:

Health Care Business (as defined in 11 U.S.C. § 101(27A))

Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))

Railroad (as defined in 11 U.S.C. § 101(44))

Stockbroker (as defined in 11 U.S.C. § 101(53A))

Commodity Broker (as defined in 11 U.S.C. § 101(6))

Clearing Bank (as defined in 11 U.S.C. § 781(3))

None of the above

B. Check all that apply

Tax-exempt entity (as described in 26 U.S.C. §501)

Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C. §80a-3)

Investment advisor (as defined in 15 U.S.C. §80b-2(a)(11))

C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor. See http://www.uscourts.gov/four-digit-national-association-naics-codes.

7319

8. Under which chapter of theBankruptcy Code is thedebtor filing?

A debtor who is a “smallbusiness debtor” must checkthe first sub-box. A debtor asdefined in § 1182(1) whoelects to proceed undersubchapter V of chapter 11(whether or not the debtor is a“small business debtor”) mustcheck the second sub-box.

Check one:

Chapter 7

Chapter 9

Chapter 11. Check all that apply:

The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D), and its aggregatenoncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than$2,725,625. If this sub-box is selected, attach the most recent balance sheet, statement ofoperations, cash-flow statement, and federal income tax return or if any of these documents do notexist, follow the procedure in 11 U.S.C. § 1116(1)(B).

The debtor is a debtor as defined in 11 U.S.C. § 1182(1), its aggregate noncontingent liquidated

debts (excluding debts owed to insiders or affiliates) are less than $7,500,000, and it chooses toproceed under Subchapter V of Chapter 11. If this sub-box is selected, attach the most recentbalance sheet, statement of operations, cash-flow statement, and federal income tax return, or ifany of these documents do not exist, follow the procedure in 11 U.S.C. § 1116(1)(B).

A plan is being filed with this petition.

Acceptances of the plan were solicited prepetition from one or more classes of creditors, inaccordance with 11 U.S.C. § 1126(b).

The debtor is required to file periodic reports (for example, 10K and 10Q) with the Securities andExchange Commission according to § 13 or 15(d) of the Securities Exchange Act of 1934. File theAttachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11(Official Form 201A) with this form.

The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule 12b-2.

Chapter 12

9. Were prior bankruptcycases filed by or againstthe debtor within the last 8years?

No.

Yes.

If more than 2 cases, attach aseparate list. District When Case number

District When Case number

10. Are any bankruptcy casespending or being filed by abusiness partner or anaffiliate of the debtor?

No

Yes.

List all cases. If more than 1,attach a separate list Debtor Relationship

District When Case number, if known




Name

11. Why is the case filed inthis district?

Check all that apply:

Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days immediatelypreceding the date of this petition or for a longer part of such 180 days than in any other district.

A bankruptcy case concerning debtor's affiliate, general partner, or partnership is pending in this district.

12. Does the debtor own orhave possession of anyreal property or personalproperty that needsimmediate attention?

No

Yes.Answer below for each property that needs immediate attention. Attach additional sheets if needed.

Why does the property need immediate attention? (Check all that apply.)

It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.

What is the hazard?

It needs to be physically secured or protected from the weather.

It includes perishable goods or assets that could quickly deteriorate or lose value without attention (for example,livestock, seasonal goods, meat, dairy, produce, or securities-related assets or other options).

Other

Where is the property?

Number, Street, City, State & ZIP Code

Is the property insured?

No

Yes. Insurance agency

Contact name

Phone

Statistical and administrative information

13. Debtor's estimation ofavailable funds

. Check one:

Funds will be available for distribution to unsecured creditors.

After any administrative expenses are paid, no funds will be available to unsecured creditors.

14. Estimated number ofcreditors

1-49

50-99

100-199

200-999

1,000-5,000

5001-10,000

10,001-25,000

25,001-50,000

50,001-100,000

More than100,000

15. Estimated Assets $0 - $50,000

$50,001 - $100,000

$100,001 - $500,000

$500,001 - $1 million

$1,000,001 - $10 million

$10,000,001 - $50 million

$50,000,001 - $100 million

$100,000,001 - $500 million

$500,000,001 - $1 billion

$1,000,000,001 - $10 billion

$10,000,000,001 - $50 billion

More than $50 billion

16. Estimated liabilities $0 - $50,000

$50,001 - $100,000

$100,001 - $500,000

$500,001 - $1 million

$1,000,001 - $10 million

$10,000,001 - $50 million

$50,000,001 - $100 million

$100,000,001 - $500 million

$500,000,001 - $1 billion

$1,000,000,001 - $10 billion

$10,000,000,001 - $50 billion

More than $50 billion




Name

Request for Relief, Declaration, and Signatures

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to $500,000 orimprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.

17. Declaration and signatureof authorizedrepresentative of debtor

The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition.

I have been authorized to file this petition on behalf of the debtor.

I have examined the information in this petition and have a reasonable belief that the information is true and correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on October 2, 2020MM / DD / YYYY

X Korry Stagnito

Signature of authorized representative of debtor Printed name

Title Chief Executive Officer

18. Signature of attorney X /s/ Marc S. Casarino Date October 2, 2020

Signature of attorney for debtor MM / DD / YYYY

Marc S. Casarino 3613Printed name

White and Williams LLPFirm name

600 N. King Street, Suite 800Courthouse SquareWilmington, DE 19801-3722Number, Street, City, State & ZIP Code

Contact phone 302.467.4520 Email address [email protected]

3613 DEBar number and State



Fill in this information to identify the case:Debtor name Knighthouse Media, Inc.United States Bankruptcy Court for the: DISTRICT OF DELAWARE Check if this is an

Case number (if known): amended filing

Official Form 204Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims andAre Not Insiders 12/15

A list of creditors holding the 20 largest unsecured claims must be filed in a Chapter 11 or Chapter 9 case. Include claims which thedebtor disputes. Do not include claims by any person or entity who is an insider, as defined in 11 U.S.C. § 101(31). Also, do notinclude claims by secured creditors, unless the unsecured claim resulting from inadequate collateral value places the creditoramong the holders of the 20 largest unsecured claims.

Name of creditor andcomplete mailing address,including zip code

Name, telephone numberand email address ofcreditor contact

Nature of claim(for example, tradedebts, bank loans,professional services,and governmentcontracts)

Indicate if claimis contingent,

unliquidated, ordisputed

Amount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.

Total claim, ifpartially secured

Deduction for valueof collateral or setoff

Unsecured claim

CDW DirectPost Office Box75723Chicago, IL 60675

$848.32

ComEdPost Office Box6111Carol Stream, IL60197-6111

1-877-426-6331

$816.34

ComputerFulfillment, Inc24 Cook StreetBillerica, MA 01821

$10,085.00

Crowe LLPPost Office Box71570Chicago, IL60694-1570

800-599-2304

$7,143.10

CummingsProperties, LLC200 West CummingsParkAttn: DavidBlumberg,Operations Managerand Mary C, Carroll,Sr. AccountManagerWoburn, MA01801-6396

David Blumberg,OperationsManager

(781) 935-8000

Office lease for100 CummingsCenter, Suite316-C, Beverly,MA

Unliquidated $17,370.00

DeLage LandenFinancial Services,Inc.Post Office Box41602Philadelphia, PA19101-1602

$2,283.32

Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 1

Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy



Name









Unsecured claim

Fifth Third Bank38 Fountain SquarePlazaCincinnati, OH45263

Lucy Kita

[email protected]

PPP Loan(Forgiveness tobe requested)

Contingent $818,630.00

Foleon Inc.228 East 45th Street,Suite 9ENew York, NY 10017

$1,350.00

Joyce Inc.38 SouthernAvenue, Suite 1Pittsburgh, PA15211

(412) 894-8783

$4,000.00

Kaufman DolowichVoluck LLP135 Crossways ParkDriveSuite 201Woodbury, NY11797

(516) 681-1100

$4,465.72

Marlin BusinessBankPost Office Box13604Philadelphia, PA19101-3604

$513.20

Martin Grist900 W. Dakin StreetApartment 3Chicago, IL 60613

$1,000.00

PGI/Premier GlobalServices2300 LakeviewParkwaySuite 500Alpharetta, GA30009-3945

(800) 952-9108

$1,713.12

Quad/Graphics Inc.Post Office Box644840Pittsburgh, PA15264-4840

888-782-3226

$9,116.64

SPUS8 150 NMA, LPc/o CBRE, Inc.150 N. MichiganAvenue, Suite 350Attn: RichardSimilio, RPA,General ManaChicago, IL 60601

Richard Similio,General Manager

[email protected]

Office lease for150 N. MichiganAvenue, Chicago,IL

Unliquidated $78,191.88





Name









Unsecured claim

StaffmarkInvestment, LLCPost Office Box734575Chicago, IL60673-4575

$11,500.00

Three CrownsHoldings Ltd.CringlefordBusiness Centre,Suite 9aIntwood RoadCringleford NorwichNR4 6AU, UK

c/o Steven N.Malitz, Esq.

[email protected]

Unsecuredpromissory note

$265,625.00

United HealthcareInsurance CompanyPost Office Box94017Palatine, IL60094-4017

1-844-761-9426

Insurance $10,890.10

XO CommunicationsVERIZONPost Office Box15043Albany, NY12212-5034

$2,140.18

Zoominfo/DiscoverOrgDept LA 24789Pasadena, CA91185-4789

866-904-9666

$10,467.86




United States Bankruptcy CourtDistrict of Delaware

In re Knighthouse Media, Inc. Case No.Debtor(s) Chapter 11

CORPORATE OWNERSHIP STATEMENT (RULE 7007.1)

Pursuant to Federal Rule of Bankruptcy Procedure 7007.1 and to enable the Judges to evaluate possible disqualification orrecusal, the undersigned counsel for Knighthouse Media, Inc. in the above captioned action, certifies that the followingis a (are) corporation(s), other than the debtor or a governmental unit, that directly or indirectly own(s) 10% or more ofany class of the corporation's(s') equity interests, or states that there are no entities to report under FRBP 7007.1:

Media Grower, LLCc/o Korry Stagnito475 East Lake Shore DriveBarrington, IL 60010

SGH GFX IRREVOCABLE TRUSTc/o Benjamin N. Feder, TrusteeStrauss Malk & Feder LLP135 Revere DriveNorthbrook, IL 60062

None [Check if applicable]

October 2, 2020 /s/ Marc S. Casarino

Date Marc S. Casarino 3613

Signature of Attorney or LitigantCounsel for Knighthouse Media, Inc.

White and Williams LLP

600 N. King Street, Suite 800Courthouse SquareWilmington, DE [email protected]



JOINT UNANIMOUS WRITTEN CONSENT

OF THE SOLE DIRECTOR AND THE STOCKHOLDERS OF

KNIGHTHOUSE MEDIA INC.

September [ ], 2020

The undersigned, being ail of the stockholders (the "Stockholders") and the sole member

of the board of directors (the "Board") of KNIGHTHOUSE MEDIA INC., a Delaware

corporation (the "Corporation"), acting in lieu of a meeting pursuant to the General Corporation

Law of the State of Delaware, do hereby consent to and adopt, as the actions of the Stockholders

and the Board of the Corporation, the following resolutions:

WHEREAS, it is in the best interest of the Corporation to file a voluntary petition in the

United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") pursuant

to Title 11 of the United States Code; and

WHEREAS, such action is authorized by laws of the State of Delaware and not

prohibited by the By-Laws of the Corporation;

NOW, THEREFORE BE IT

RESOLVED, that in the judgment of the Stockholders and Board of the

Corporation, it is in the best interests of the Corporation, its creditors, employees

and other interested parties that a voluntary petition be filed in the Bankruptcy

Court pursuant to Chapter 7 or 11 of Title 11 of the United States Code; and

RESOLVED, that Korry Stagnito, Chief Executive Officer of the Corporation, is

authorized and directed to execute and deliver all documents necessary to perfect

the filing of a Chapter 7 or 11 voluntary bankruptcy case on behalf of the

Corporation; and it is further

RESOLVED, that Korry Stagnito, Chief Executive Officer of the Corporation, is

authorized and directed to appear in all bankruptcy proceedings on behalf of the

Corporation and to otherwise do and perform all acts and deeds and to execute

and deliver all necessary documents on behalf of the Corporation in connection

with such bankruptcy case, and it is further

25290432V. 1


RESOLVED, that that Korry Stagnito, Chief Executive Officer of the

Corporation, is authorized and directed to employ the law firm of White and

Williams LLP to represent the Corporation in such bankruptcy case.

IN WITNESS WHEREOF, the undersigned have executed this consent effective as of

the date set forth above.

STOCKHOLDERS:

MEDIA GROWER LLC

By:Name: Korry StagnitoTitle: Chief Executive Officer

Date:

SGH GFX IRREVOCABLE TRUST

u/a/d 11/2/15

Name: Benjamin N. FederTitle: Trustee

Date:

Larry AylwardDate:

BOARD:

Korry StagnitoDate:

-2-

25290432V. 1


Kn

igh

tho

use M

ed

ia In

c0

9/1

0/2

0

Co

nso

lid

ate

d R

ep

ort

04

:16

PM

Bala

nce S

heet

Fo

r T

rail

ing

13

Mo

nth

s E

nd

ing

Ju

ly 3

1,

20

20

Dec

emb

erJ

an

ua

ryF

ebru

ary

Mar

chA

pri

lM

ay

Ju

nJ

ul

Cu

rren

t A

ssets

Cash

$195,0

20

$168,2

07

$289,0

46

$178,9

89

$843,0

87

$583,6

19

$401,9

19

$248,5

40

Accounts

Receiv

able

590,8

39

418,1

53

396,9

58

276,7

03

243,8

88

197,2

39

142,8

13

140,0

24

Allo

wance f

or

Doubtf

ul A

cco

unts

(48,2

62)

(47,7

14)

(47,4

48)

(47,4

48)

(46,7

48)

(43,2

23)

(37,6

88)

(50,8

68)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Accounts

Receiv

able

- N

ET

542,5

77

370,4

39

349,5

10

229,2

55

197,1

40

154,0

16

105,1

25

89,1

56

Oth

er

Receiv

able

(9,0

89)

(9,5

07)

(9,3

51)

(9,7

33)

(9,7

33)

(9,3

53)

(9,3

53)

(9,3

53)

Inte

rcom

pany

Net

93,5

09

Pre

paid

Expenses a

nd d

eposits

106,4

34

113,2

48

108,6

77

96,3

31

90,7

02

89,4

36

79,2

19

57,3

83

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l C

urr

en

t A

ssets

928,4

51

642,3

87

737,8

82

494,8

42

1,1

21,1

96

817,7

18

576,9

10

385,7

26

Fix

ed A

sse

ts550,8

66

535,9

81

535,9

81

535,9

81

535,9

81

545,9

81

545,9

81

546,8

29

Depre

cia

tion

(511,0

40)

(498,3

47)

(501,2

75)

(503,7

05)

(505,7

76)

(507,8

21)

(510,1

20)

(511,9

46)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Lo

ng

Term

Assets

39,8

26

37,6

34

34,7

06

32,2

76

30,2

05

38,1

60

35,8

61

34,8

83

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

To

tal

Assets

$968,2

77

$680,0

21

$772,5

88

$527,1

18

$1,1

51,4

01

$855,8

78

$612,7

71

$420,6

09

Cu

rren

t L

iab

ilit

ies

Accounts

Paya

ble

125,2

42

130,8

33

159,4

99

143,0

32

37,4

28

24,2

95

75,9

86

47,4

44

Accru

als

115,6

68

130,5

54

104,3

21

83,0

83

115,8

14

114,0

19

65,0

07

79,6

03

Accru

ed E

mplo

yment

Tax

Accru

ed B

enefits

Short

Term

Debt

250,0

00

250,0

00

250,0

00

250,0

00

250,0

00

50,0

00

Defe

rred R

evenue

198,4

07

260,6

88

263,5

79

229,2

46

249,6

73

235,0

13

250,2

20

243,2

17

Net

Taxes D

ue

22,5

22

Oth

er

Lia

bili

ty187,8

48

187,7

38

187,6

28

187,5

18

186,8

78

186,2

37

185,5

97

184,9

57

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Cu

rren

t L

iab

ilit

ies

649,6

87

709,8

13

965,0

27

892,8

79

839,7

93

809,5

64

826,8

10

605,2

21

Lo

ng

Term

Deb

t

Long T

erm

D

ebt

375,0

00

390,0

00

374,3

75

358,7

50

343,1

25

327,5

00

311,8

75

281,2

50

Long T

erm

IN

T

Payr

oll

Pro

tection P

lan

818,6

30

818,6

30

818,6

30

818,6

30

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Lo

ng

Term

Deb

t375,0

00

390,0

00

374,3

75

358,7

50

1,1

61,7

55

1,1

46,1

30

1,1

30,5

05

1,0

99,8

80

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Lia

bil

itie

s1,0

24,6

87

1,0

99,8

13

1,3

39,4

02

1,2

51,6

29

2,0

01,5

48

1,9

55,6

94

1,9

57,3

15

1,7

05,1

01

Sh

are

ho

lders

' E

qu

ity

Com

mon S

hare

s100

100

100

100

100

100

100

100

Equity

1,3

81,1

23

271,3

76

271,3

76

271,3

76

271,3

76

271,3

76

271,3

76

486,3

76

Reta

ined E

arn

ings

(1,4

37,6

31)

(691,2

68)

(838,2

91)

(995,9

85)

(1,1

21,6

22)

(1,3

71,2

91)

(1,6

16,0

19)

(1,7

70,9

66)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Eq

uit

y a

nd

Reta

ined

Earn

ing

s(5

6,4

08)

(419,7

92)

(566,8

15)

(724,5

09)

(850,1

46)

(1,0

99,8

15)

(1,3

44,5

43)

(1,2

84,4

90)

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

To

tal

Lia

bil

itie

s a

nd

Eq

uit

y$968,2

79

$680,0

21

$772,5

87

$527,1

20

$1,1

51,4

02

$855,8

79

$612,7

72

$420,6

11


Kn

igh

thou

se M

edia

In

c09

/09/

20

Co

nso

lid

ate

d R

ep

ort

08:

16 P

M

Inco

me S

tate

men

tF

or

the M

on

th E

nd

ing

Ju

ly 3

1, 2020

Ja

nu

ary

Feb

rua

ryM

arc

hA

pri

lM

ay

Ju

ne

Ju

ly2

02

0

Reven

ue

Pu

blicati

on

sP

rofile

Reve

nue

$107,0

64

$241,7

90

$95,4

32

$80,4

70

$35,3

57

$30,6

84

$61,0

30

$651,8

26

Reprints

4,9

54

1,5

04

750

7,2

08

Web

& D

igit

al

Dig

ital Is

sue R

eve

nue

19,0

00

8,0

00

5,9

98

10,0

00

4,4

41

47,4

39

eN

ew

sle

tter

Reve

nue

950

5,8

00

2,5

50

6,4

00

2,0

00

17,7

00

eB

lasts

4,3

30

4,5

00

4,3

30

10,1

34

11,3

30

34,6

24

Web /

Onlin

e A

dve

rtis

em

ent

39,8

54

27,6

42

34,4

59

18,8

14

7,0

67

10,2

14

2,7

14

140,7

64

Oth

er

Oth

er

(1,5

21)

61

154

(1,3

07)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l R

even

ue

150,3

51

295,2

16

148,2

51

112,9

12

68,9

57

47,4

92

75,0

74

898,2

53

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Co

st

of

Sale

sE

dit

ori

al

Sala

ry25,0

03

25,0

63

22,1

03

19,9

06

22,1

03

22,1

03

22,1

03

158,3

83

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Ed

ito

rial

Exp

en

se

25,0

03

25,0

63

22,1

03

19,9

06

22,1

03

22,1

03

22,1

03

158,3

83

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Pro

du

cti

on

Sala

ry19,0

83

17,6

66

12,4

70

10,3

07

12,4

70

11,9

55

10,8

80

94,8

32

Custo

m P

ublis

hsin

g E

xpense

250

250

250

250

250

250

1,4

50

2,9

50

Paper&

Printing&

Bin

din

g9,2

00

9,7

22

2,2

31

21,1

53

Magazi

ne P

osta

ge

413

429

760

1,6

02

Reprint

Exp

enses

940

185

1,1

25

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Pro

du

cti

on

Exp

en

se

28,9

46

29,0

07

15,8

96

10,5

57

12,7

20

12,2

05

12,3

30

121,6

63

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Cir

cu

lati

on

Circula

tion F

ulfill

ment

5,5

99

14,3

59

11,0

24

7,9

97

11,6

52

7,4

82

8,5

57

66,6

69

Mis

cella

neous E

xpense

6,0

00

6,0

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Cir

cu

lati

om

Exp

en

se

5,5

99

14,3

59

11,0

24

7,9

97

17,6

52

7,4

82

8,5

57

72,6

69

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Sale

sS

ala

ry148,6

06

119,3

65

84,8

44

55,8

23

81,6

99

71,8

36

36,2

93

598,4

65

Com

mis

sio

ns E

xpense

29,9

41

21,1

26

7,1

06

9,6

46

2,5

06

4,8

37

2,3

19

77,4

82

Bonus

9,1

75

11,3

50

2,1

29

1,6

30

370

24,6

54

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Sale

s E

xp

en

se

187,7

22

151,8

41

94,0

79

67,0

99

84,5

74

76,6

72

38,6

13

700,6

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----


Pro

mo

tio

n/M

ark

eti

ng

Sala

ry6,7

85

9,6

44

7,0

49

3,0

72

4,9

56

4,3

56

3,7

76

39,6

38

Mis

cella

neous E

xpense

2,3

05

2,3

05

2,3

05

2,3

05

2,3

05

(1,6

91)

9,8

33

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Pro

mo

tio

n/M

ark

eti

ng

Exp

en

se

9,0

90

11,9

49

9,3

54

5,3

77

7,2

61

4,3

56

2,0

85

49,4

71

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Web

/Dig

ital

Web/D

igital E

xpense

4,5

30

110

597

103

3,3

03

213

987

9,8

43

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Web

/Dig

ital

Exp

en

se

4,5

30

110

597

103

3,3

03

213

987

9,8

43

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Oth

er

Exp

en

se

Oth

er

1,8

71

1,4

35

1,1

69

491

137

179

408

5,6

90

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Oth

er

Exp

en

se

1,8

71

1,4

35

1,1

69

491

137

179

408

5,6

90

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l C

ost

of

Sale

s262,7

61

233,7

65

154,2

22

111,5

30

147,7

50

123,2

10

85,0

82

1,1

18,3

20

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

G

ross

Ma

rgin

(11

2,4

10

)6

1,4

51

(5,9

71

)1

,38

2(7

8,7

93

)(7

5,7

18

)(1

0,0

08

)(2

20

,06

7)

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Overh

ead

Gen

era

l E

xp

en

ses

Ove

rhead S

ala

ry29,4

74

36,0

56

25,9

87

23,0

18

25,3

61

31,2

32

31,6

01

202,7

29

Ove

rhead S

ala

ry -

Off

icers

23,7

80

18,9

58

18,7

50

19,4

26

42,8

02

39,5

32

34,2

08

197,4

57

Em

plo

yment

Taxe

s41,9

02

32,8

91

16,7

16

11,8

38

17,1

96

15,3

74

10,6

78

146,5

96

Benefits

10,5

65

12,9

38

11,9

56

(204)

7,2

69

11,2

12

(8,7

97)

44,9

39

Payr

oll

Pro

cess E

xpense

878

2,7

83

1,5

60

1,2

29

1,4

14

1,7

44

1,2

12

10,8

21

Tra

vel

4,5

02

5,5

18

940

384

75

(2,2

12)

1,8

35

11,0

42

Bank/C

redit C

ard

Serv

ice F

ees

3,6

88

8,5

39

6,5

81

3,2

91

3,7

82

2,5

66

4,0

35

32,4

83

Insura

nce

2,9

51

2,5

91

2,7

71

2,5

09

2,7

95

2,8

31

2,7

71

19,2

18

Recru

ting E

xpense

1,4

77

97

97

97

97

23,0

97

97

25,0

60

Pro

f F

ees -

Accounting

5,9

80

19,0

78

(3,4

29)

5,6

43

27,2

72

Pro

f F

ees -

Legal

5,0

00

632

225

65

1,8

00

7,7

21

Depre

cia

tion

2,9

36

2,9

28

2,4

29

2,0

71

2,0

45

2,2

99

1,8

26

16,5

35

Am

ort

ization

1,1

30

1,1

30

1,1

30

1,1

30

1,1

30

1,1

30

1,1

30

7,9

09

Mis

cella

neous G

enera

l E

xpenses

110

11

16

137

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Gen

era

l E

xp

en

ses T

ota

l134,2

64

144,1

38

85,8

24

64,8

01

109,6

74

130,6

05

80,6

13

749,9

19

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Ch

icag

o E

xp

en

ses

Rent

Exp

ense

38,4

38

38,4

38

38,4

38

38,4

38

38,4

38

38,4

38

39,0

47

269,6

72

Off

ice P

osta

ge

567

1,7

71

542

310

190

73

207

3,6

58

Off

ice S

upplie

s179

211

161

551

Off

ice E

xpenditure

s447

85

400

83

73

52

135

1,2

74

Off

ice E

quip

Renta

ls1,9

32

(33)

1,8

56

(824)

1,0

97

1,0

74

1,1

31

6,2

33

IT C

osts

4,2

19

4,1

89

4,8

73

4,7

24

4,2

88

4,8

70

3,5

87

30,7

51

Inte

rnet

4,1

48

3,7

01

3,7

04

3,6

74

3,6

74

3,6

73

2,4

73

25,0

46

Tele

phone

5,9

12

4,8

87

4,8

84

5,4

78

3,0

27

3,0

45

3,0

97

30,3

31

Utilit

ies

611

530

435

371

360

383

412

3,1

02

CH

I M

iscella

neous E

xp9

(149)

40

7,0

00

6,9

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----


To

tal

Ch

icag

o O

verh

ead

Exp

en

ses

56,4

62

53,4

17

55,3

82

52,4

16

51,1

47

51,6

07

57,0

89

377,5

19

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Bo

sto

n E

xp

en

ses

Rent

Exp

ense

5,3

44

5,9

98

5,7

90

5,7

90

5,6

03

5,3

44

5,7

90

39,6

60

Off

ice S

upplie

s290

290

Off

ice E

xpenditure

s724

816

650

166

150

2,5

06

Off

ice E

quip

ment

Renta

ls223

257

233

257

223

257

1,4

49

Inte

rnet

1,4

50

1,4

49

1,4

49

1,4

40

1,4

40

1,4

40

982

9,6

52

Tele

phone

988

988

1,0

68

523

527

531

4,6

26

Utilit

ies

141

408

347

233

1,0

28

89

139

2,3

85

BO

S M

iscella

neous E

xp348

348

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Bo

sto

n O

verh

ead

Exp

en

ses

8,2

97

9,8

83

9,4

81

8,7

64

9,0

18

7,7

73

7,7

00

60,9

17

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Tota

l O

verh

ead

199,0

23

207,4

38

150,6

87

125,9

81

169,8

38

189,9

86

145,4

01

1,1

88,3

55

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

EB

ITD

A /

CO

NT

RIB

UT

ION

(31

1,4

34

)(1

45

,98

7)

(15

6,6

58

)(1

24

,59

9)

(24

8,6

31

)(2

65

,70

4)

(15

5,4

09

)(1

,40

8,4

21

)=

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

=

Inte

rest

(7)

1,0

36

1,0

36

1,0

38

1,0

38

1,0

38

1,0

38

6,2

16

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

NIB

T(3

11

,42

7)

(14

7,0

23

)(1

57

,69

5)

(12

5,6

37

)(2

49

,66

9)

(26

6,7

42

)(1

56

,44

7)

(1,4

14

,63

8)

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Estim

ate

d T

axe

s(2

2,0

13)

(1,5

00)

(23,5

13)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

NIA

T(3

11

,42

7)

(14

7,0

23

)(1

57

,69

5)

(12

5,6

37

)(2

49

,66

9)

(24

4,7

29

)(1

54

,94

7)

(1,3

91

,12

5)

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==


Kn

igh

thou

se M

edia

In

c09

/09/

20

Ch

icag

o0

8:16

PM

Inco

me S

tate

men

tF

or

the M

on

th E

nd

ing

Ju

ly 3

1, 2020

Ja

nu

ary

Feb

rua

ryM

arc

hA

pri

lM

ay

Ju

ne

Ju

ly2

02

0

Reven

ue

Pu

blicati

on

s

Pro

file

Reve

nue:

01-4

000-0

0 P

rofile

Adve

rtis

ing S

ale

s -

CT

, C

-BP

117,7

65

50,8

25

15,3

95

183,9

85

02-4

000-0

0 P

rofile

Adve

rtis

ing S

ale

s -

MT

, M

-BP

24,1

95

29,6

45

6,6

67

6,6

94

67,2

01

03-4

000-0

0 P

rofile

Adve

rtis

ing S

ale

s -

FD

, R

F-B

P82,8

69

66,7

97

3,0

00

9,0

95

161,7

61

04-4

000-0

0 P

rofile

Adve

rtis

ing S

ale

s -

E&

I, S

C-B

P124,0

25

28,6

35

10,2

95

14,8

95

61,0

30

238,8

80

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l P

rofile

Reve

nue

107,0

64

241,7

90

95,4

32

80,4

70

35,3

57

30,6

84

61,0

30

651,8

26

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Reprints

:

01-4

600-0

0 R

eprint/

Pla

que/P

DF

Sale

s -

C-B

P1,7

00

1,7

00

02-4

600-0

0 R

eprint/

Pla

que/P

DF

Sale

s -

M-B

P3,2

54

1,5

04

750

5,5

08

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l R

eprints

4,9

54

1,5

04

750

7,2

08

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Web

& D

igit

al

Dig

ital Is

sue R

eve

nue:

00-4

200-0

0 K

-Book

19,0

00

8,0

00

5,9

98

10,0

00

4,5

00

47,4

98

03-4

710-0

0 S

ubscription S

ale

s -

RF

-BP

, F

D(5

9)

(59)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l D

igital Is

sue R

eve

nue

19,0

00

8,0

00

5,9

98

10,0

00

4,4

41

47,4

39

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

eN

ew

sle

tter

Reve

nue:

01-4

300-0

0 e

New

sle

tter

- C

-BP

800

1,8

50

2,6

50

03-4

300-0

0 e

New

sle

tter

- R

F-B

P2,0

00

2,0

00

02-4

300-0

0 e

New

sle

tter

- M

-BP

950

2,8

00

700

6,4

00

10,8

50

04-4

300-0

0 e

New

sle

tter

- S

-BP

2,2

00

2,2

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l eN

ew

sle

tter

Reve

nue

950

5,8

00

2,5

50

6,4

00

2,0

00

17,7

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

eB

lasts

:

01-4

400-0

0 E

mail

Bla

st

- C

-BP

2,5

00

7,6

34

4,5

00

14,6

34

02-4

400-0

0 E

mail

Bla

st

- M

-BP

4,3

30

500

4,3

30

2,5

00

6,8

30

18,4

90

03-4

400-0

0 E

mail

Bla

st

- R

F-B

P

04-4

400-0

0 E

mail

Bla

st

- E

&R

-BP

1,5

00

1,5

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l eB

lasts

4,3

30

4,5

00

4,3

30

10,1

34

11,3

30

34,6

24

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Web /

Onlin

e A

dve

rtis

em

ent:

01-4

900-0

0 W

eb A

ds -

CT

, C

-BP

13,2

54

9,6

67

8,1

64

9,0

64

6,4

00

2,7

14

2,7

14

51,9

77


01-4

901-0

0 V

ideos -

C-B

P

02-4

901-0

0 V

ideos -

M-B

P500

500

03-4

900-0

0 W

eb A

ds -

FD

, R

F-B

P5,2

50

2,9

00

3,6

00

1,6

00

13,3

50

02-4

900-0

0 W

eb A

ds -

MT

, M

-BP

10,8

50

4,0

75

9,5

95

2,7

50

667

27,9

37

04-4

800-0

0 W

eb R

ights

/PD

F -

E&

I, S

C-B

P1,2

00

1,2

00

04-4

900-0

0 W

eb A

ds -

S-B

P8,5

00

7,7

00

12,6

00

5,4

00

7,5

00

41,7

00

04-4

901-0

0 V

ideos -

S-B

P2,0

00

2,0

00

05-4

900-0

0 W

eb A

d -

MG

T,

E&

R-B

P800

1,3

00

2,1

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l W

eb /

Onlin

e A

dve

rtis

em

ent

39,8

54

27,6

42

34,4

59

18,8

14

7,0

67

10,2

14

2,7

14

140,7

64

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Oth

er

Oth

er:

00-4

810-0

0 C

onte

nt

Lic

ensin

g I

ncom

e61

154

214

00-4

950-0

0 M

iscella

neous I

ncom

e(1

,521)

(1,5

21)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ther

(1,5

21)

61

154

(1,3

07)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l R

even

ue

150,3

51

295,2

16

148,2

51

112,9

12

68,9

57

47,4

92

75,0

74

898,2

53

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Co

st

of

Sale

sE

dit

ori

al

Sala

ry:

01-5

000-0

0 E

ditorial S

ala

ries -

C-B

P5,1

17

5,2

00

5,7

00

5,7

00

5,7

00

5,5

26

5,5

26

38,4

70

03-5

000-0

0 E

ditorial S

ala

ries -

RF

-BP

4,9

83

5,0

67

5,5

67

3,3

69

5,5

67

5,5

26

5,5

26

35,6

04

04-5

000-0

0 E

ditorial S

ala

ries -

S-B

P6,5

44

6,6

06

5,2

51

5,2

51

5,2

51

5,5

26

5,5

26

39,9

55

02-5

000-0

0 E

ditorial S

ala

ries -

MT

-BP

5,0

67

4,8

77

5,2

51

5,2

51

5,2

51

5,5

26

5,5

26

36,7

48

05-5

000-0

0 E

ditorial S

ala

ries -

ER

-BP

3,2

92

3,3

13

333

333

333

7,6

06

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l S

ala

ry25,0

03

25,0

63

22,1

03

19,9

06

22,1

03

22,1

03

22,1

03

158,3

83

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Ed

ito

rial

Exp

en

se

25,0

03

25,0

63

22,1

03

19,9

06

22,1

03

22,1

03

22,1

03

158,3

83

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Pro

du

cti

on

Sala

ry:

01-5

100-0

0 D

esig

n&

Pro

duction S

ala

ries -

C-B

p2,5

59

2,5

20

2,2

74

1,7

33

2,2

74

2,1

45

1,8

76

15,3

81

01-8

070-0

0 S

LS

Adm

in-R

eglr E

arn

-CB

P617

356

972

02-5

100-0

0 D

esig

n&

Pro

duction S

ala

ries -

M-B

P2,5

59

2,5

20

2,2

74

1,7

33

2,2

74

2,1

45

1,8

76

15,3

81

02-8

060-0

0 P

rodctn

Adm

-Reg E

arn

-MB

P641

658

844

844

844

844

844

5,5

18

02-8

070-0

0 S

LS

Adm

in-R

eglr E

arn

-MB

P617

356

972

03-5

100-0

0 D

esig

n&

Pro

duction S

ala

ries -

RF

-BP

2,5

59

2,5

20

2,2

74

1,7

33

2,2

74

2,1

45

1,8

76

15,3

81

03-8

060-0

0 P

rodctn

Adm

-Reg E

arn

-RF

BP

641

658

844

844

844

844

844

5,5

18

03-8

070-0

0 S

LS

Adm

in-R

eglr E

arn

-RF

BP

617

356

972

04-5

100-0

0 D

esig

n&

Pro

duction S

ala

ries -

S-B

P2,5

59

2,5

20

2,2

74

1,7

33

2,2

74

2,1

45

1,8

76

15,3

81

04-8

060-0

0 P

rodctn

Adm

-Reg E

arn

-SB

P641

658

844

844

844

844

844

5,5

18

04-8

070-0

0 S

LS

Adm

in-R

eglr E

arn

-SB

P617

356

972

01-8

060-0

0 P

rodctn

Adm

-Reg E

arn

-CB

P641

658

844

844

844

844

844

5,5

18

05-5

100-0

0 D

esig

n&

Pro

duction S

ala

ries -

E&

R-B

P2,5

59

2,5

20

5,0

79

05-8

060-0

0 P

rodctn

Adm

-Reg E

arn

-ER

BP

641

658

1,2

99


05-8

070-0

0 S

LS

Adm

in-R

eglr E

arn

-ER

BP

617

356

972

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l S

ala

ry19,0

83

17,6

66

12,4

70

10,3

07

12,4

70

11,9

55

10,8

80

94,8

32

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Custo

m P

ublis

hsin

g E

xpense:

00-5

150-0

0 D

esig

n&

Pro

duction F

reela

nce

250

250

250

250

250

250

1,4

50

2,9

50

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l C

usto

m P

ublis

hsin

g E

xpense

250

250

250

250

250

250

1,4

50

2,9

50

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Paper&

Printing&

Bin

din

g:

01-6

002-0

0 P

rint

Exp

ense

- C

T,

C-B

P5,1

34

5,1

34

02-6

002-0

0 P

rint

Exp

ense -

MT

, M

-BP

2,5

00

(247)

2,2

53

02-6

003-0

0 D

igital P

rint

Exp

ense -

MT

, M

-BP

432

432

03-6

002-0

0 P

rint

Exp

ense -

FD

, R

F-B

P5,8

00

(643)

1,8

19

6,9

76

03-6

003-0

0 D

igital P

rint

Exp

ense -

FD

468

312

780

04-6

002-0

0 P

rint

Exp

ense -

E&

I, S

C-B

P4,5

82

4,5

82

04-6

003-0

0 D

igital P

rint

Exp

ense -

E&

I, S

C-B

P368

368

01-6

003-0

0 D

igital P

rint

Exp

ense -

CT

, C

-BP

528

100

628

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l P

aper&

Printing&

Bin

din

g9,2

00

9,7

22

2,2

31

21,1

53

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Magazi

ne P

osta

ge:

01-7

100-0

0 M

aili

ng c

osts

-

CT

, C

-BP

185

331

516

03-7

100-0

0 M

aili

ng c

osts

- F

D,

RF

-BP

138

147

285

04-7

100-0

0 M

aili

ng c

osts

- E

&I,

SC

-BP

244

282

526

02-7

100-0

0 M

aili

ng c

osts

- M

T,

M-B

P275

275

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l M

agazi

ne P

osta

ge

413

429

760

1,6

02

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Reprint

Exp

enses:

01-6

004-0

0 R

eprints

-

CT

, C

-BP

244

244

02-6

004-0

0 R

eprints

- M

T,

M-B

P696

185

881

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l R

eprint

Exp

enses

940

185

1,1

25

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Pro

du

cti

on

Exp

en

se

28,9

46

29,0

07

15,8

96

10,5

57

12,7

20

12,2

05

12,3

30

121,6

63

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Cir

cu

lati

on

Circula

tion F

ulfill

ment:

00-7

160-0

0 C

ircula

tion F

ulfill

ment

5,5

99

13,1

09

11,0

24

7,9

97

11,6

52

7,4

82

8,5

57

65,4

19

01-7

160-0

0 C

ircula

tion F

ulfill

ment

- C

-BP

1,2

50

1,2

50

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l C

ircula

tion F

ulfill

ment

5,5

99

14,3

59

11,0

24

7,9

97

11,6

52

7,4

82

8,5

57

66,6

69

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Mis

cella

neous E

xpense:

03-7

190-0

0 C

ircula

tion M

ISC

Exp

- R

F-B

P6,0

00

6,0

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l M

iscella

neous E

xpense

6,0

00

6,0

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----


----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Cir

cu

lati

om

Exp

en

se

5,5

99

14,3

59

11,0

24

7,9

97

17,6

52

7,4

82

8,5

57

72,6

69

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Sale

s

Sala

ry:

01-8

000-0

0 S

ale

s S

ala

ry -

C-B

P35,8

38

26,8

18

18,7

21

7,6

67

15,7

86

17,9

59

9,0

73

131,8

61

03-8

000-0

0 S

ale

s S

ala

ry -

RF

-BP

32,2

46

28,7

85

20,6

02

14,8

16

18,4

06

17,9

59

9,0

73

141,8

87

04-8

000-0

0 S

ale

s S

ala

ry -

S-B

P34,1

66

27,0

32

23,5

37

18,4

25

26,1

70

17,9

59

9,0

73

156,3

62

05-8

000-0

0 S

ale

s S

ala

ry -

E&

R-B

P9,7

23

9,4

26

736

644

771

21,3

01

02-8

000-0

0 S

ale

s S

ala

ry -

M-B

P36,6

34

27,3

03

21,2

49

14,2

71

20,5

66

17,9

59

9,0

73

147,0

54

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l S

ala

ry148,6

06

119,3

65

84,8

44

55,8

23

81,6

99

71,8

36

36,2

93

598,4

65

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Com

mis

sio

ns E

xpense:

01-8

100-0

0 S

ALE

S-C

om

m-C

BP

4,3

71

4,2

22

1,1

91

1,5

14

270

1,2

09

580

13,3

56

03-8

100-0

0 S

ALE

S-C

om

m-R

FB

P6,6

07

3,7

75

1,3

43

1,7

38

315

1,2

09

580

15,5

68

04-8

100-0

0 S

ALE

S-C

om

m-S

BP

10,0

88

6,0

38

1,9

81

2,9

38

1,1

04

1,2

09

580

23,9

37

02-8

100-0

0 S

ALE

S-C

om

m-M

BP

5,3

63

4,2

46

1,8

28

2,2

38

621

1,2

09

580

16,0

86

05-8

100-0

0 S

ALE

S-C

om

m-E

RB

P3,5

13

2,8

45

763

1,2

19

195

8,5

35

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l C

om

mis

sio

ns E

xpense

29,9

41

21,1

26

7,1

06

9,6

46

2,5

06

4,8

37

2,3

19

77,4

82

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Bonus:

00-8

110-0

1 S

ale

s C

om

mis

sio

n -

Ext

ern

al -C

HI

1,4

00

2,1

29

3,5

29

01-8

110-0

1 S

ale

s C

om

mis

sio

n -

Ext

ern

al -

CB

P1,6

30

1,6

30

02-8

110-0

0 S

ale

s B

onus -

M-B

P1,2

00

590

1,7

90

03-8

110-0

0 S

ale

s B

onus -

RF

-BP

1,8

75

590

2,4

65

03-8

110-0

1 S

ale

s C

om

mis

sio

n -

Ext

ern

al -R

F-B

P370

370

04-8

110-0

0 S

ale

s B

onus -

S-B

P3,7

00

7,5

90

11,2

90

01-8

110-0

0 S

ale

s B

onus -

C-B

P1,2

00

590

1,7

90

05-8

110-0

0 S

ale

s B

onus -

E&

R-B

P1,2

00

590

1,7

90

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l B

onus

9,1

75

11,3

50

2,1

29

1,6

30

370

24,6

54

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Sale

s E

xp

en

se

187,7

22

151,8

41

94,0

79

67,0

99

84,5

74

76,6

72

38,6

13

700,6

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Pro

mo

tio

n/M

ark

eti

ng

Sala

ry:

00-7

200-0

0 P

rom

otion/M

ark

eting C

osts

/Sala

ry3,8

69

6,6

44

6,6

22

3,0

72

4,9

56

4,3

56

3,7

76

33,2

94

02-7

200-0

0 P

rom

otion S

ala

ry -

M-B

P583

600

107

1,2

90

03-7

200-0

0 P

rom

otion S

ala

ry -

RF

-BP

583

600

107

1,2

90

04-7

200-0

0 P

rom

otion S

ala

ry -

S-B

P583

600

107

1,2

90

05-7

200-0

0 P

rom

otion S

ala

ry -

E&

R-B

P583

600

1,1

83

01-7

200-0

0 P

rom

otion S

ala

ry -

C-B

P583

600

107

1,2

90

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l S

ala

ry6,7

85

9,6

44

7,0

49

3,0

72

4,9

56

4,3

56

3,7

76

39,6

38

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Mis

cella

neous E

xpense:

00-7

290-0

0 P

rom

otion M

ISC

Exp

- C

HI

1,6

38

1,6

38

1,6

38

1,6

38

1,6

38

(1,6

91)

6,5

00


50-7

290-0

0 P

rom

otion M

ISC

Exp

- B

OS

667

667

667

667

667

3,3

33

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l M

iscella

neous E

xpense

2,3

05

2,3

05

2,3

05

2,3

05

2,3

05

(1,6

91)

9,8

33

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Pro

mo

tio

n/M

ark

eti

ng

Exp

en

se

9,0

90

11,9

49

9,3

54

5,3

77

7,2

61

4,3

56

2,0

85

49,4

71

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Web

/Dig

ital

Web/D

igital E

xpense:

00-9

580-0

0 C

onsultants

- D

igital M

edia

3,0

00

3,0

00

00-9

742-0

0 W

eb S

ite H

osting F

ees

385

85

85

85

275

82

78

1,0

74

00-9

740-0

0 W

eb E

xpense -

CH

I4,1

45

25

512

18

28

132

909

5,7

69

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l W

eb/D

igital E

xpense

4,5

30

110

597

103

3,3

03

213

987

9,8

43

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Web

/Dig

ital

Exp

en

se

4,5

30

110

597

103

3,3

03

213

987

9,8

43

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Oth

er

Exp

en

se

Oth

er:

00-4

009-0

0 P

rofile

Sale

s D

iscount

1,8

71

1,4

35

1,1

69

491

137

179

408

5,6

90

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ther

1,8

71

1,4

35

1,1

69

491

137

179

408

5,6

90

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Oth

er

Exp

en

se

1,8

71

1,4

35

1,1

69

491

137

179

408

5,6

90

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l C

ost

of

Sale

s262,7

61

233,7

65

154,2

22

111,5

30

147,7

50

123,2

10

85,0

82

1,1

18,3

20

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

G

ross

Ma

rgin

(11

2,4

10

)6

1,4

51

(5,9

71

)1

,38

2(7

8,7

93

)(7

5,7

18

)(1

0,0

08

)(2

20

,06

7)

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Overh

ead

Gen

era

l E

xp

en

ses

Ove

rhead S

ala

ry:

00-8

095-0

0 I

T R

egula

r E

arn

ings

6,4

70

6,6

88

6,7

58

6,3

52

5,2

57

12,5

83

14,7

50

58,8

58

00-9

003-0

0 S

ala

ries -

Adm

in8,1

92

4,6

97

4,0

83

3,8

33

3,8

33

3,8

33

3,8

33

32,3

06

09-9

003-0

0 S

ala

ries-E

merg

ing T

rands-A

dm

in1,1

25

1,1

25

2,2

50

00-9

002-0

0 S

ala

ries -

Accounting

14,8

13

24,6

70

15,1

46

12,8

33

15,1

46

13,6

90

13,0

17

109,3

16

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

verh

ead S

ala

ry29,4

74

36,0

56

25,9

87

23,0

18

25,3

61

31,2

32

31,6

01

202,7

29

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Ove

rhead S

ala

ry -

Off

icers

:

00-9

001-0

0 S

ala

ries -

Exe

cutive

s23,7

80

18,9

58

18,7

50

19,4

26

18,7

50

18,7

50

17,7

08

136,1

23

09-9

001-0

0 S

ala

ries-E

merg

ing T

rands-E

xec

24,0

52

20,7

82

16,5

00

61,3

34

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

verh

ead S

ala

ry -

Off

icers

23,7

80

18,9

58

18,7

50

19,4

26

42,8

02

39,5

32

34,2

08

197,4

57

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Em

plo

yment

Taxe

s:


00-9

006-0

0 O

H S

al E

mpl T

axe

s -

CH

I41,9

02

32,8

91

16,7

16

11,8

38

17,1

96

15,3

74

10,6

78

146,5

96

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l E

mplo

yment

Taxe

s41,9

02

32,8

91

16,7

16

11,8

38

17,1

96

15,3

74

10,6

78

146,5

96

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Benefits

:

00-9

010-0

0 O

H S

al H

ealth B

nft

s -

CH

I10,5

65

12,9

38

11,9

56

(204)

7,2

69

11,2

12

6,6

23

60,3

59

00-9

012-0

0 V

acation E

xp -

O/H

(15,4

20)

(15,4

20)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l B

enefits

10,5

65

12,9

38

11,9

56

(204)

7,2

69

11,2

12

(8,7

97)

44,9

39

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Payr

oll

Pro

cess E

xpense:

00-9

005-0

0 P

ayr

oll

Pro

cess C

harg

es

878

2,7

83

1,5

60

1,2

29

1,4

14

1,7

44

1,2

12

10,8

21

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l P

ayr

oll

Pro

cess E

xpense

878

2,7

83

1,5

60

1,2

29

1,4

14

1,7

44

1,2

12

10,8

21

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Tra

vel:

00-9

205-0

0 R

efr

eshm

ents

- C

HI

587

212

59

14

871

00-9

400-0

0 A

dm

in T

rave

l -

CH

I716

5,0

00

786

384

75

(2,2

71)

1,8

21

6,5

11

00-9

401-0

0 R

enta

l C

ars

/Taxi

93

20

113

00-9

410-0

0 B

/Meal -

CH

I85

85

00-9

304-0

0 C

ar

Exp

ense

2,2

77

139

2,4

16

50-9

205-0

0 R

efr

eshm

ents

- B

OS

794

147

69

1,0

09

50-9

410-0

0 B

/Meal -

BO

S36

36

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l T

rave

l4,5

02

5,5

18

940

384

75

(2,2

12)

1,8

35

11,0

42

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Bank/C

redit C

ard

Serv

ice F

ees:

00-9

901-0

0 B

ank C

harg

es

934

873

957

(50)

1,0

40

835

2,0

82

6,6

73

00-9

902-0

0 C

redit c

harg

es

2,7

54

7,6

66

5,6

24

3,3

41

2,7

42

1,7

31

1,9

53

25,8

10

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l B

ank/C

redit C

ard

Serv

ice F

ees

3,6

88

8,5

39

6,5

81

3,2

91

3,7

82

2,5

66

4,0

35

32,4

83

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Insura

nce:

00-9

150-0

0 I

nsura

nce -

CH

I2,9

51

2,5

91

2,7

71

2,5

09

2,7

95

2,8

31

2,7

71

19,2

18

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l In

sura

nce

2,9

51

2,5

91

2,7

71

2,5

09

2,7

95

2,8

31

2,7

71

19,2

18

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Recru

ting E

xpense:

00-8

500-0

0 S

ale

s/L

ist

Gen R

ecru

itin

g E

xp -

CH

I1,4

77

97

97

97

97

97

97

2,0

60

00-9

008-0

0 A

dm

in R

ecru

itm

ent

Exp

enses

23,0

00

23,0

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l R

ecru

ting E

xpense

1,4

77

97

97

97

97

23,0

97

97

25,0

60

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Pro

f F

ees -

Accounting:

00-9

650-0

0 A

udit a

nd A

ccounta

ncy

Fees

5,9

80

19,0

78

(3,4

29)

5,6

43

27,2

72

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l P

rof

Fees -

Accounting

5,9

80

19,0

78

(3,4

29)

5,6

43

27,2

72

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Pro

f F

ees -

Legal:


00-9

600-0

0 L

egal F

ees -

CH

I5,0

00

632

225

65

1,8

00

7,7

21

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l P

rof

Fees -

Legal

5,0

00

632

225

65

1,8

00

7,7

21

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Depre

cia

tion:

00-9

750-0

0 D

epre

cia

tion

2,9

36

2,9

28

2,4

29

2,0

71

2,0

45

2,2

99

1,8

26

16,5

35

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l D

epre

cia

tion

2,9

36

2,9

28

2,4

29

2,0

71

2,0

45

2,2

99

1,8

26

16,5

35

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Am

ort

ization:

00-9

756-0

0 A

mort

ization o

f Leasehold

Im

prv

.-C

HI

670

670

670

670

670

670

670

4,6

89

50-9

756-0

0 A

mort

ization o

f Leasehold

Im

prv

.-B

OS

460

460

460

460

460

460

460

3,2

20

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l A

mort

ization

1,1

30

1,1

30

1,1

30

1,1

30

1,1

30

1,1

30

1,1

30

7,9

09

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Mis

cella

neous G

enera

l E

xpenses:

00-9

983-0

0 O

pera

ting T

ax

Exp

- C

HI

110

11

16

137

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l M

iscella

neous G

enera

l E

xpenses

110

11

16

137

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Gen

era

l E

xp

en

ses T

ota

l134,2

64

144,1

38

85,8

24

64,8

01

109,6

74

130,6

05

80,6

13

749,9

19

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Ch

icag

o E

xp

en

ses

Rent

Exp

ense:

00-9

100-0

0 R

ent

- C

HI

38,4

38

38,4

38

38,4

38

38,4

38

38,4

38

38,4

38

39,0

47

269,6

72

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l R

ent

Exp

ense

38,4

38

38,4

38

38,4

38

38,4

38

38,4

38

38,4

38

39,0

47

269,6

72

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Off

ice P

osta

ge:

00-9

501-0

0 A

dm

in P

osta

ge -

CH

I567

1,7

71

542

310

190

73

207

3,6

58

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ffic

e P

osta

ge

567

1,7

71

542

310

190

73

207

3,6

58

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Off

ice S

upplie

s:

00-9

504-0

0 O

ffic

e S

tationery

- C

HI

179

211

161

551

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ffic

e S

upplie

s179

211

161

551

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Off

ice E

xpenditure

s:

00-9

506-0

0 O

ther

Off

ice E

xpenditure

s-C

HI

447

85

400

83

73

52

135

1,2

74

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ffic

e E

xpenditure

s447

85

400

83

73

52

135

1,2

74

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Off

ice E

quip

Renta

ls:

00-9

700-0

0 E

quip

ment

Renta

ls1,9

32

(33)

1,8

56

(824)

1,0

97

1,0

74

1,1

31

6,2

33

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ffic

e E

quip

Renta

ls1,9

32

(33)

1,8

56

(824)

1,0

97

1,0

74

1,1

31

6,2

33


----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

IT C

osts

:

00-9

555-0

0 I

T C

osts

- C

onsultin

g -

CH

I652

532

532

532

532

932

500

4,2

12

00-9

561-0

0 I

T-

Oth

er

Soft

ware

/Equip

ment

2,6

72

2,7

62

3,4

46

2,6

72

2,7

86

2,9

68

2,1

17

19,4

24

00-9

565-0

0 I

T C

osts

Soft

wr/

Equip

m M

ain

tenance

895

895

895

1,5

20

970

970

970

7,1

15

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l IT

Costs

4,2

19

4,1

89

4,8

73

4,7

24

4,2

88

4,8

70

3,5

87

30,7

51

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Inte

rnet:

00-9

560-0

0 I

nte

rnet

Exp

- C

HI

4,1

48

3,7

01

3,7

04

3,6

74

3,6

74

3,6

73

2,4

73

25,0

46

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l In

tern

et

4,1

48

3,7

01

3,7

04

3,6

74

3,6

74

3,6

73

2,4

73

25,0

46

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Tele

phone:

00-9

502-0

0 A

dm

in T

ele

phone -

CH

I5,9

12

4,8

87

4,8

84

5,4

78

3,0

27

3,0

45

3,0

97

30,3

31

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l T

ele

phone

5,9

12

4,8

87

4,8

84

5,4

78

3,0

27

3,0

45

3,0

97

30,3

31

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Utilit

ies:

00-9

200-0

0 E

lectr

icity/

Utilit

y -

CH

I611

530

435

371

360

383

412

3,1

02

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l U

tilit

ies

611

530

435

371

360

383

412

3,1

02

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

CH

I M

iscella

neous E

xp:

00-9

505-0

0 M

iscella

neous e

xpense-C

HI

9(1

49)

40

7,0

00

6,9

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l C

HI

Mis

cella

neous E

xp9

(149)

40

7,0

00

6,9

00

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Ch

icag

o O

verh

ead

Exp

en

ses

56,4

62

53,4

17

55,3

82

52,4

16

51,1

47

51,6

07

57,0

89

377,5

19

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Bo

sto

n E

xp

en

ses

Rent

Exp

ense:

50-9

100-0

0 R

ent

- B

OS

5,3

44

5,9

98

5,7

90

5,7

90

5,6

03

5,3

44

5,7

90

39,6

60

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l R

ent

Exp

ense

5,3

44

5,9

98

5,7

90

5,7

90

5,6

03

5,3

44

5,7

90

39,6

60

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Off

ice S

upplie

s:

50-9

504-0

0 O

ffic

e S

tationery

- B

OS

290

290

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ffic

e S

upplie

s290

290

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Off

ice E

xpenditure

s:

50-9

210-0

0 C

leaner/

main

tenance -

BO

S650

816

650

166

2,2

82

50-9

506-0

0 O

ther

Off

ice E

xpenditure

s-b

os

74

150

224

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ffic

e E

xpenditure

s724

816

650

166

150

2,5

06

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----


Off

ice E

quip

ment

Renta

ls:

50-9

700-0

0 E

quip

ment

Renta

ls -

BO

S223

257

233

257

223

257

1,4

49

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l O

ffic

e E

quip

ment

Renta

ls223

257

233

257

223

257

1,4

49

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Inte

rnet:

50-9

560-0

0 I

nte

rnet

Exp

- B

OS

1,4

50

1,4

49

1,4

49

1,4

40

1,4

40

1,4

40

982

9,6

52

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l In

tern

et

1,4

50

1,4

49

1,4

49

1,4

40

1,4

40

1,4

40

982

9,6

52

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Tele

phone:

50-9

502-0

0 A

dm

in T

ele

phone -

BO

S988

988

1,0

68

523

527

531

4,6

26

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l T

ele

phone

988

988

1,0

68

523

527

531

4,6

26

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Utilit

ies:

50-9

200-0

0 E

lectr

icity/

Utilit

y -

BO

S141

408

347

233

1,0

28

89

139

2,3

85

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l U

tilit

ies

141

408

347

233

1,0

28

89

139

2,3

85

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

BO

S M

iscella

neous E

xp:

50-9

505-0

0 M

iscella

neous e

xpense-B

OS

348

348

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l B

OS

Mis

cella

neous E

xp348

348

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

To

tal

Bo

sto

n O

verh

ead

Exp

en

ses

8,2

97

9,8

83

9,4

81

8,7

64

9,0

18

7,7

73

7,7

00

60,9

17

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

Tota

l O

verh

ead

199,0

23

207,4

38

150,6

87

125,9

81

169,8

38

189,9

86

145,4

01

1,1

88,3

55

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

EB

ITD

A /

CO

NT

RIB

UT

ION

(31

1,4

34

)(1

45

,98

7)

(15

6,6

58

)(1

24

,59

9)

(24

8,6

31

)(2

65

,70

4)

(15

5,4

09

)(1

,40

8,4

21

)=

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

=

Inte

rest:

00-4

905-0

0 B

ank I

nte

rest

Receiv

ed

(7)

(6)

(6)

(4)

(4)

(4)

(4)

(36)

00-9

950-0

0 L

oan I

nte

rest

Paid

1,0

42

1,0

42

1,0

42

1,0

42

1,0

42

1,0

42

6,2

52

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l In

tere

st

(7)

1,0

36

1,0

36

1,0

38

1,0

38

1,0

38

1,0

38

6,2

16

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

NIB

T(3

11

,42

7)

(14

7,0

23

)(1

57

,69

5)

(12

5,6

37

)(2

49

,66

9)

(26

6,7

42

)(1

56

,44

7)

(1,4

14

,63

8)

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

Estim

ate

d T

axe

s:

00-9

980-0

0 F

edera

l T

ax

Pro

visio

n(2

2,0

13)

(22,0

13)

00-9

985-0

0 S

tate

Tax

Pro

visio

n(1

,500)

(1,5

00)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

T

ota

l E

stim

ate

d T

axe

s(2

2,0

13)

(1,5

00)

(23,5

13)

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----


----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

----

NIA

T(3

11

,42

7)

(14

7,0

23

)(1

57

,69

5)

(12

5,6

37

)(2

49

,66

9)

(24

4,7

29

)(1

54

,94

7)

(1,3

91

,12

5)

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==

==


KN

IGH

TH

OU

SE

ME

DIA

20

20

Act

ua

l C

ash

Flo

w A

na

lysi

s

Ca

sh R

ece

ipts

Jan

Fe

bM

ar

Ap

rM

ay

Jun

Jul

Au

gS

ep

Oct

No

vD

ec

20

19

To

tal

Co

lle

ctio

ns

38

2,9

21

3

20

,79

5

23

2,9

43

1

64

,96

4

97

,28

2

11

2,8

17

8

3,6

33

1

,39

5,3

55

Oth

er

18

,82

2

25

0,0

06

1

,97

3

1,9

71

4

2

5,3

07

4

,97

5

30

3,0

59

Pa

yro

ll P

rote

ctio

n P

lan

81

8,6

30

To

tal

Ca

sh R

eci

ep

ts4

01

,74

3

57

0,8

02

2

34

,91

6

98

5,5

64

9

7,2

87

1

38

,12

4

88

,60

8

0

0

0

0

0

1,6

98

,41

4

Dis

bu

rse

me

nts

:

Ma

ga

zin

e P

rin

tin

g/P

ap

er/

Dig

ita

l 5

,86

1

14

,42

8

8,7

97

8

,49

0

37

,57

6

Po

sta

ge

1

,03

5

1,7

23

1

,72

3

39

5

40

8

16

9

5,4

53

Pa

yro

ll &

Exp

en

se R

ep

ort

s3

21

,17

4

26

9,7

10

1

86

,49

6

14

6,3

70

1

98

,27

2

19

2,3

58

1

46

,76

0

1,4

61

,14

0

He

alt

h &

40

1(k

) B

en

efi

ts2

,69

0

27

,83

9

20

,22

2

13

,12

4

25

,22

5

(2,2

49

)1

4,8

99

1

01

,75

1

Cre

dit

Ca

rds

15

,47

5

37

,56

7

34

,02

5

18

,16

0

37

,20

7

47

,67

0

12

,41

7

20

2,5

21

Re

nt

38

,55

7

43

,89

1

45

,22

7

89

,30

0

45

,74

0

0

39

,68

7

30

2,4

03

SP

L P

ay

me

nts

16

,66

7

16

,66

7

16

,66

7

16

,66

7

33

,33

4

10

0,0

02

Oth

er

44

,41

2

40

,11

4

31

,81

4

26

,46

2

35

,73

5

48

,54

3

28

,22

3

25

5,3

03

To

tal

Ca

sh D

isb

urs

em

en

ts4

29

,20

5

45

1,9

39

3

44

,97

2

31

8,9

67

3

59

,25

4

31

9,8

25

2

41

,98

7

0

0

0

0

0

2,4

66

,14

9

Ne

t C

ash

Flo

w

(27

,46

2)

11

8,8

62

(1

10

,05

6)

66

6,5

98

(2

61

,96

8)

(18

1,7

01

)(1

53

,37

8)

0

0

0

0

0

Be

gin

nin

g C

ash

19

7,1

45

1

69

,68

4

28

8,5

46

1

78

,49

0

84

5,0

88

5

83

,12

0

40

1,4

19

2

48

,04

1

24

8,0

41

2

48

,04

1

24

8,0

41

2

48

,04

1

En

din

g C

ash

Av

ail

ab

le1

69

,68

4

28

8,5

46

1

78

,49

0

84

5,0

88

5

83

,12

0

40

1,4

19

2

48

,04

1

24

8,0

41

2

48

,04

1

24

8,0

41

2

48

,04

1

24

8,0

41

Ch

eck

Clo

sin

g B

ala

nce

16

9,6

84

2

88

,54

6

17

8,4

90

8

45

,08

8

58

3,1

20

4

01

,41

9

24

8,0

41

Va

ria

nce

0

(0)

0

(0)

0

(0)

0

24

8,0

41

2

48

,04

1

24

8,0

41

2

48

,04

1

24

8,0

41


;D\")*$"*(*(""

9QLJKWKRXVH";HGLD"7QF&"DQG"?XEVLGLDU\""I'N'D"?#>";HGLD"2RUSRUDWLRQ"DQG"?XEVLGLDU\""),("<&";LFKLJDQ"1YH&"?XLWH"/((""2KLFDJR$"7:"-(-()"""

4QFORVHG"DUH"WKH"IROORZLQJ"FRUSRUDWH"UHWXUQV"SUHSDUHG"RQ"EHKDOI"RI"9QLJKWKRXVH";HGLD"7QF&"DQG?XEVLGLDU\"IRU"WKH"\HDU"HQGHG"8XO\"+)$"*()/&

*()."A&?&"2RUSRUDWLRQ"7QFRPH"@D[">HWXUQ

*()."7>?"H%ILOH"?LJQDWXUH"1XWKRUL]DWLRQ"IRU"5RUP"))*(

*()."2DOLIRUQLD"5UDQFKLVH'7QFRPH"@D[">HWXUQ

*()."2DOLIRUQLD"H%ILOH">HWXUQ"1XWKRUL]DWLRQ"IRU"2RUSRUDWLRQV

*()."7OOLQRLV"2RUSRUDWLRQ"7QFRPH"DQG">HSODFHPHQW"@D[">HWXUQ%#$& )1102306 (35435+7032 ,"-01, *,7852 '87/3509+7032

*().";DVVDFKXVHWWV"4[FLVH"IRU"@D[SD\HUV"?XEMHFW"WR"2RPELQHG"5LOLQ.

*().";DVVDFKXVHWWV"2RUSRUDWH"@D["3HFODUDWLRQ"IRU"4OHFWURQLF"5LOLQJ""

@KH"IROORZLQJ"FRPSDQLHV"DUH"LQFOXGHG"ZLWK"WKH"IHGHUDO"FRQVROLGDWHG"UHWXUQV0

9QLJKWKRXVH";HGLD"7QF&"""

7GHDO";HGLD"6URXS"7QF""

@KH"ILOLQJ"LQVWUXFWLRQV"LQFOXGHG"ZLWK"WKH"UHWXUQV"SURYLGH"VSHFLILF"SURFHGXUHV"IRU"VLJQLQJ"DQG"ILOLQJ"WKHUHWXUQV"RU"H%ILOH"DXWKRUL]DWLRQV$"DV"DSSOLFDEOH&"1IWHU"\RX"KDYH"UHYLHZHG"\RXU"UHWXUQ"IRU"FRPSOHWHQHVVDQG"DFFXUDF\$"SOHDVH"VLJQ"DQG"UHWXUQ"DOO"IHGHUDO"DQG"VWDWH"DXWKRUL]DWLRQV"WR"RXU"RIILFH"EHIRUH"WKHDSSOLFDEOH"ILOLQJ"GHDGOLQH"VR"WKDW"\RXU"UHWXUQ"FDQ"EH"ILOHG"HOHFWURQLFDOO\&""1"FRS\"RI"WKH"UHWXUQV"LVHQFORVHG"IRU"\RXU"XVH"DQG"VKRXOG"EH"UHWDLQHG"IRU"\RXU"ILOHV&

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

CRXU"UHWXUQV"PD\"EH"VHOHFWHG"IRU"UHYLHZ"E\"WKH"WD[LQJ"DXWKRULWLHV&"1Q\"SURSRVHG"DGMXVWPHQWV"E\"WKHH[DPLQLQJ"DJHQW"DUH"VXEMHFW"WR"FHUWDLQ"ULJKWV"RI"DSSHDO&"7Q"WKH"HYHQW"RI"VXFK"JRYHUQPHQW"WD[H[DPLQDWLRQ$"ZH"DUH"DYDLODEOH"XSRQ"UHTXHVW"WR"DVVLVW"\RX"LQ"UHVSRQGLQJ"WR"WD["DXWKRULWLHV&"=OHDVHFRQWDFW"XV"DV"VRRQ"DV"\RX"UHFHLYH"QRWLFH"RI"DQ"H[DPLQDWLRQ"LI"\RX"ZLVK"WR"HPSOR\"RXU"VHUYLFHV&

BH"DSSUHFLDWH"WKLV"RSSRUWXQLW\"WR"VHUYH"\RX&""=OHDVH"FRQWDFW"XV"LI"\RX"KDYH"DQ\"TXHVWLRQV"RU"LI"ZH"PD\EH"RI"IXUWKHU"DVVLVWDQFH&

?LQFHUHO\$

#(')&"$$%

7QGHSHQGHQW";HPEHU"2URZH"6OREDO

6UHJ";H\HU""2URZH"::=""


""

"?VRPQ[QW\ZN"ANMRJ"=VL)"JVM"F\KZRMRJY`"""O*S*J"F$E"ANMRJ"8WYXWYJ[RWV"JVM"F\KZRMRJY`""

=VZ[Y\L[RWVZ"OWY";RTRVP;WYU"2213(8""

"=EF"N(ORTN"FRPVJ[\YN"6\[QWYRaJ[RWV"OWY";WYU",,-+OWY"[QN"`NJY"NVMNM">\T`".,'"-+,3""

"GQN"WYRPRVJT"OWYU"ZQW\TM"KN"ZRPVNM"%\ZRVP"O\TT"VJUN"JVM"[R[TN&"JVM"MJ[NM"K`"JV"J\[QWYRaNM"WOORLNY"WO"[QNLWYXWYJ[RWV)"GQN"ZRPVNM"OWYU"ZQW\TM"KN"YN[\YVNM"WV"WY"KNOWYN"AJ`",/'"-+-+"[W4

""8YW^N"@@D""

"DC"7W_".031"""CJS"7YWWS'"=@"0+/--(.031""

""

CY"NUJRT"[W4""CJS)7YWWS):(;RTRVP5LYW^N)LWU"""GQRZ"YN[\YV"RVMRLJ[NZ"J"#--'+,."W]NYXJ`UNV[)""CO"[QRZ"JUW\V['"#--'+,."^RTT"KN"YNO\VMNM"[W"`W\"JVM"#+QJZ"KNNV"JXXTRNM"[W"`W\Y"-+,3"NZ[RUJ[NM"[J_)"9W"BCG"ZNXJYJ[NT`"ORTN";WYU",,-+"^R[Q"[QN"=V[NYVJT"EN]NV\N"FNY]RLN)""9WRVP"ZW"^RTT"MNTJ`"[QNXYWLNZZRVP"WO"`W\Y"YN[\YV)"HN"U\Z["YNLNR]N"`W\Y"ZRPVNM"OWYU"KNOWYN"^N"LJV"NTNL[YWVRLJTT`"[YJVZUR["`W\Y"YN[\YV)""GQN"=V[NYVJTEN]NV\N"FNY]RLN"^RTT"VW[RO`"\Z"^QNV"`W\Y"YN[\YV"RZ"JLLNX[NM)""IW\Y"YN[\YV"RZ"VW["LWVZRMNYNM"ORTNM"\V[RT[QN"=V[NYVJT"EN]NV\N"FNY]RLN"LWVORYUZ"[QNRY"JLLNX[JVLN)

""

"#(')&"$$%

=VMNXNVMNV["ANUKNY"8YW^N"<TWKJT


Form 1120 (2018) Page 2

Dividends, Inclusions, and Special Deductions (seeinstructions)

(a) Dividends and (c) Special deductionsSchedule C (b) %

inclusions (a) x (b)

1 Dividends from less-than-20%-owned domestic corporations (other than debt-

50financed stock) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m2 Dividends from 20%-or-more-owned domestic corporations (other than debt-

65financed stock) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m msee

instructionsm3

4

5

6

7

8

9

Dividends on certain debt-financed stock of domestic and foreign corporations

Dividends on certain preferred stock of less-than-20%-owned public utilities

Dividends on certain preferred stock of 20%-or-more-owned public utilities

Dividends from less-than-20%-owned foreign corporations and certain FSCs

Dividends from 20%-or-more-owned foreign corporations and certain FSCs

Dividends from wholly owned foreign subsidiaries

Subtotal. Add lines 1 through 8. See instructions for limitations

23.3

26.7

50

65

100

100

100

100

100

100

m m mm m m

m mm m m

m m m m m m m m m m m m m m msee

instructionsm m m m m m m m10 Dividends from domestic corporations received by a small business investment

company operating under the Small Business Investment Act of 1958 m m m m m11

12

Dividends from affiliated group members

Dividends from certain FSCs

m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m

13 Foreign-source portion of dividends received from a specified 10%-owned

foreign corporation (excluding hybrid dividends) (see instructions) m m m m m m m14 Dividends from foreign corporations not included on line 3, 6, 7, 8, 11, 12, or

13 (including any hybrid dividends) m m m m m m m m m m m m m m m m m m m m m msee

instructions

15

16

17

18

19

20

21

22

23

Section 965(a) inclusion m m m m m m m m m m m m m m m m m m m m m m m m m m ma

b

c

Subpart F inclusions derived from the sale by a controlled foreign corporation

(CFC) of the stock of a lower-tier foreign corporation treated as a dividend

(attach Form(s) 5471) (see instructions) m m m m m m m m m m m m m m m m m m m mSubpart F inclusions derived from hybrid dividends of tiered corporations

(attach Form(s) 5471) (see instructions) m m m m m m m m m m m m m m m m m m m mOther inclusions from CFCs under subpart F not included on line 15, 16a, 16b,

or 17 (attach Form(s) 5471) (see instructions) m m m m m m m m m m m m m m m m mGlobal Intangible Low-Taxed Income (GILTI) (attach Form(s) 5471 and Form

8992) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mGross-up for foreign taxes deemed paid

IC-DISC and former DISC dividends not included on line 1, 2, or 3

Other dividends

Deduction for dividends paid on certain preferred stock of public utilities

Section 250 deduction (attach Form 8993)

m m m m m m m m m m m m m m m m m m m mm m m m m m m

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m

m m m m m m m m m m m m m m m m m mTotal dividends and inclusions. Add lines 9 through 20. Enter here and on

page 1, line 4 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m24 Total special deductions. Add lines 9 through 22, column (c). Enter here and on page 1, line 29b m m m m m m m m m m

Form 1120 (2018)

JSA

8C1120 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739Case 20-12448-JTD Doc 1 Filed 10/02/20 of 118

Form 1120 (2018) Page 3

Tax Computation and Payment (see instructions)Schedule J Part I-Tax Computation

I1 Check if the corporation is a member of a controlled group (attach Schedule O (Form 1120)). See instructions

22

3

Income tax. See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m3Base erosion minimum tax (attach Form 8991) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m44

5

Add lines 2 and 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m5a

5c

a

b

c

Foreign tax credit (attach Form 1118) m m m m m m m m m m m m m m m m m m m5bCredit from Form 8834 (see instructions) m m m m m m m m m m m m m m m m m

General business credit (attach Form 3800) m m m m m m m m m m m m m m m md 5dCredit for prior year minimum tax (attach Form 8827) m m m m m m m m m m me Bond credits from Form 8912 5em m m m m m m m m m m m m m m m m m m m m m m

66 Total credits. Add lines 5a through 5e m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m77 Subtract line 6 from line 4 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m88 Personal holding company tax (attach Schedule PH (Form 1120)) m m m m m m m m m m m m m m m m m m m m

9a

9b

9c

9d

9e

9f

9a

b

c

d

e

f

Recapture of investment credit (attach Form 4255)

Recapture of low-income housing credit (attach Form 8611)

m m m m m m m m m m m mm m m m m m m m

Interest due under the look-back method - completed long-term contracts

(attach Form 8697) m m m m m m m m m m m m m m m m m m m m m m m m m m m mInterest due under the look-back method - income forecast method (attach

Form 8866) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAlternative tax on qualifying shipping activities (attach Form 8902)

Other (see instructions - attach statement)

m m m m mm m m m m m m m m m m m m m m m m

1010 Total. Add lines 9a through 9f m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m11 Total tax. Add lines 7, 8, and 10. Enter here and on page 1, line 31

2018 net 965 tax liability paid from Form 965-B, Part II, column (k), line 2. Enter here and on page 1, line 32

11

12

13

14

15

16

17

18

19

21

22

23

m m m m m m m m m m m m m m m m m m mPart II-Section 965 Payments (see instructions)

12

13

14

15

16

17

18

19

20

21

22

23

Part III-Payments, Refundable Credits, and Section 965 Net Tax Liability

2017 overpayment credited to 2018

2018 estimated tax payments

2018 refund applied for on Form 4466

Combine lines 13, 14, and 15

Tax deposited with Form 7004

Withholding (see instructions)

Total payments. Add lines 16, 17, and 18

Refundable credits from:

Form 2439

Form 4136

Form 8827, line 8c

Other (attach statement - see instructions)

Total credits. Add lines 20a through 20d

2018 net 965 tax liability from Form 965-B, Part I, column (d), line 2. See instructions

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

( )m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m ma

b

c

d

20a

20b

20c

20d

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m m m mTotal payments, credits, and section 965 net tax liability. Add lines 19, 21, and 22. Enter here and on

page 1, line 33 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mForm 1120 (2018)

JSA

8C1130 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY 45-2805739

22,013.

22,013.NONE

22,013.

22,013.


Form 1120 (2018) Page 4

Other Information (see instructions)Schedule K

I Yes No1 Check accounting method: a Cash b Accrual c Other (specify)

2 See the instructions and enter the:

Ia Business activity code no.

Ib Business activity

Ic Product or service

3 Is the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," enter name and EIN of the parent corporation

4 At the end of the tax year:

a Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt

organization own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of the

corporation's stock entitled to vote? If "Yes," complete Part I of Schedule G (Form 1120) (attach Schedule G) m m m m m m m m m m m m m mb Did any individual or estate own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all

classes of the corporation's stock entitled to vote? If "Yes," complete Part II of Schedule G (Form 1120) (attach Schedule G) m m m m m m m5 At the end of the tax year, did the corporation:

a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled to vote of

any foreign or domestic corporation not included on Form 851, Affiliations Schedule? For rules of constructive ownership, see

instructions. If "Yes," complete (i) through (iv) below.(ii) Employer

Identification Number(if any)

(iv) PercentageOwned in Voting

Stock

(iii) Country ofIncorporation

(i) Name of Corporation

b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in any foreign or domestic partnership

(including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions.

If "Yes," complete (i) through (iv) below.(ii) Employer

Identification Number(if any)

(iv) Maximum Percentage Owned inProfit, Loss, or Capital

(iii) Country ofOrganization

(i) Name of Entity

6 During this tax year, did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in

excess of the corporation's current and accumulated earnings and profits? See sections 301 and 316 m m m m m m m m m m m m m m m m mIf "Yes," file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452.

If this is a consolidated return, answer here for the parent corporation and on Form 851 for each subsidiary.

7 At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total voting power of all

classes of the corporation's stock entitled to vote or at least 25% of the total value of all classes of the corporation's stock? m m m m m m mFor rules of attribution, see section 318. If "Yes," enter:

I I(a) Percentage owned and (b) Owner's country

(c) The corporation may have to file Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign

Corporation Engaged in a U.S. Trade or Business. Enter the number of Forms 5472 attached II8 Check this box if the corporation issued publicly offered debt instruments with original issue discount m m m m m m m m m m m m

If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount Instruments.

I9 Enter the amount of tax-exempt interest received or accrued during the tax year $

I10 Enter the number of shareholders at the end of the tax year (if 100 or fewer)

I11 If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions) m mIf the corporation is filing a consolidated return, the statement required by Regulations section 1.1502-21(b)(3) must be attached

or the election will not be valid.

12 Enter the available NOL carryover from prior tax years (do not reduce it by any deduction reported on

page 1, line 29a.) I $m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mForm 1120 (2018)

JSA

8C1135 3.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


X

541800ADVERTISING RELATED SERVISERVICE

X

X

X

X

X

X

X

1

550,338.


Form 1120 (2018) Page 5

Other Information (continued from page 4)Schedule K Yes No13 Are the corporation's total receipts (page 1, line 1a, plus lines 4 through 10) for the tax year and its total assets at the end of the

tax year less than $250,000? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," the corporation is not required to complete Schedules L, M-1, and M-2. Instead, enter the total amount of cash

distributions and the book value of property distributions (other than cash) made during the tax year I $

14 Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement? See instructions

If "Yes," complete and attach Schedule UTP.

Did the corporation make any payments in 2018 that would require it to file Form(s) 1099?

If "Yes," did or will the corporation file required Forms 1099?

m m m m m m m m m m m15 a m m m m m m m m m m m m m m m m m m m m m m

b m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m16 During this tax year, did the corporation have an 80% or more change in ownership, including a change due to redemption of its

own stock? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m17 During or subsequent to this tax year, but before the filing of this return, did the corporation dispose of more than 65% (by value)

of its assets in a taxable, non-taxable, or tax deferred transaction? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m18 Did the corporation receive assets in a section 351 transfer in which any of the transferred assets had a fair market basis or fair

market value of more than $1 million? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m19 During the corporation's tax year, did the corporation make any payments that would require it to file Forms 1042 and 1042-S

under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474) of the Code? m m m m m m m m m m m m m m m m20 Is the corporation operating on a cooperative basis? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m21 During the tax year, did the corporation pay or accrue any interest or royalty for which the deduction is not allowed under section

267A? See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," enter the total amount of the disallowed deductions $

22 Does the corporation have gross receipts of at least $500 million in any of the 3 preceding tax years? (See sections 59A(e)(2)

and (3)) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," complete and attach Form 8991.

23 Did the corporation have an election under section 163(j) for any real property trade or business or any farming business in effect

during the tax year? See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m24 Does the corporation satisfy one of the following conditions and the corporation does not own a pass-through entity with current

year, or prior year carryover, excess business interest expense? See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m ma The corporation's aggregate average annual gross receipts (determined under section 448(c)) for the 3 tax years preceding the

current tax year do not exceed $25 million, and the corporation is not a tax shelter, or

b The corporation only has business interest expense from (1) an electing real property trade or business, (2) an electing farming

business, or (3) certain utility businesses under section 163(j)(7).

If "No," complete and attach Form 8990.

25 Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund?

If "Yes," enter amount from Form 8996, line 13

m m m m m m m m m m m m m m m m m m m m m m m m m mI $m m m m m m m m m m

Form 1120 (2018)

JSA

8C1136 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


X

X

XX

X

X

X

XX

X

X

X

X

X


Form 1120 (2018) Page 6

Balance Sheets per Books Beginning of tax year End of tax yearSchedule L (a) (b) (c) (d)Assets

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Cash

Trade notes and accounts receivable

Less allowance for bad debts

Inventories

U.S. government obligations

Tax-exempt securities (see instructions)

Other current assets (attach statement)

Loans to shareholders

Mortgage and real estate loans

Other investments (attach statement)

Buildings and other depreciable assets

Less accumulated depreciation

Depletable assets

Less accumulated depletion

Land (net of any amortization)

Intangible assets (amortizable only)

Less accumulated amortization

Other assets (attach statement)

Total assets

m m m m m m m m m m m m m m m ma

b

a

b

a

b

a

b

m m( () )m m m mm m m m m m m m m m m m m

m m m mm

m mm m m m m m mm m m

m m( ) ( )m m m

m m m m m m m m m( ) ( )m m m m m

m m m mm

( ) ( )m m mm m mm m m m m m m m m m m m

Liabilities and Shareholders' Equity

16 Accounts payable m m m m m m m m m17 Mortgages, notes, bonds payable in less

than 1 year m m m m m m m m m m m m m18 Other current liabilities (attach statement)

19 Loans from shareholders m m m m m m20 Mortgages, notes, bonds payable in 1 year

or more m m m m m m m m m m m m m m m21 Other liabilities (attach statement) m m22 Capital stock: a Preferred stock m m

b Common stock m m23 Additional paid-in capital m m m m m m24 Retained earnings - Appropriated (attach statement)

25 Retained earnings - Unappropriated m26 Adjustments to shareholders' equity

(attach statement) m m m m m m m m m m( ) ( )27 Less cost of treasury stock m m m m m

28 Total liabilities and shareholders' equity mReconciliation of Income (Loss) per Books With Income per ReturnNote: The corporation may be required to file Schedule M-3. See instructions.

Schedule M-1

7 Income recorded on books this year1

2

3

4

Net income (loss) per books m m m m m m mnot included on this return (itemize):

Federal income tax per books m m m m m m Tax-exempt interest $

Excess of capital losses over capital gains

Income subject to tax not recorded on books

this year (itemize): 8

9

10

5

6

7

8

Deductions on this return not charged

against book income this year (itemize):Expenses recorded on books this year not5 a

b

Depreciation $m m m m m m mdeducted on this return (itemize):

a

b

c

Depreciation $ Charitable contributions $m m m m m m m mCharitable contributions $mTravel and entertainment $m

Add lines 7 and 8 m m m m m m m m m m6 Add lines 1 through 5 m m m m m m m m m Income (page 1, line 28) - line 6 less line 9

Analysis of Unappropriated Retained Earnings per Books (Line 25, Schedule L)Schedule M-2 1

2

3

4

Balance at beginning of year Distributions: a Cashm m m m m m m m m m m m m mNet income (loss) per books b Stockm m m m m m m m m m m m m m mOther increases (itemize): c Property m m m m m m m

Other decreases (itemize):

Add lines 5 and 6 m m m m m m m m m mAdd lines 1, 2, and 3 Balance at end of year (line 4 less line 7)m m m m m m m m m m

Form 1120 (2018)

JSA

8C1140 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


306,176.488,126.301,562. 186,564.

149,643.

590,636.414,768. 175,868.

371,692.571,911.13,844. 558,067.

58,332.

590,483.511,661. 78,822.

818,251.

35,553.

866,809.

1,066,913.

-21,580.

600,326.

358,625.

200. 200.

-1,194,058.1,109,747.

818,251.

200. 200.

-980,405.1,109,747.

1,066,913.

-1,194,058.213,654.

-980,404.

1.1.

-980,405.

STMT 19

STMT 21

STMT 23


Information on Certain Persons Owning theCorporation's Voting Stock

SCHEDULE G(Form 1120)

OMB No. 1545-0123(Rev. December 2011) I Attach to Form 1120.

See instructions on page 2.Department of the TreasuryInternal Revenue Service IName Employer identification number (EIN)

Certain Entities Owning the Corporation's Voting Stock. (Form 1120, Schedule K, Question 4a). Completecolumns (i) through (v) below for any foreign or domestic corporation, partnership (including any entity treatedas a partnership), trust, or tax-exempt organization that owns directly 20% or more, or owns, directly orindirectly, 50% or more of the total voting power of all classes of the corporation's stock entitled to vote (seeinstructions).

Part I

(ii) Employer IdentificationNumber (if any)

(iv) Country ofOrganization

(v) Percentage Ownedin Voting Stock

(i) Name of Entity (iii) Type of Entity

Certain Individuals and Estates Owning the Corporation's Voting Stock. (Form 1120, Schedule K,Question 4b). Complete columns (i) through (iv) below for any individual or estate that owns directly 20% ormore, or owns, directly or indirectly, 50% or more of the total voting power of all classes of the corporation'sstock entitled to vote (see instructions).

Part II

(iii) Country ofCitizenship (see

instructions)

(ii) Identifying Number(if any)

(iv) Percentage Ownedin Voting Stock(i) Name of Individual or Estate

For Paperwork Reduction Act Notice, see the Instructions for Form 1120.

Schedule G (Form 1120) (Rev. 12-2011)8C2720 1.000 JSA

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

KNIGHTHOUSE MEDIA INC. AND SUBSIDIARYF/K/A S&R MEDIA CORPORATION AND SUBSIDIARY 45-2805739

CHRISTOPHER SCHOFIELD US323-86-6391 100.000


SCHEDULE B(Form 1120)

Additional Information for Schedule M-3 FilersOMB No. 1545-0123

(Rev. December 2018) I Attach to Form 1120.Department of the Treasury

Internal Revenue Service I Go to www.irs.gov/Form1120 for the latest information.

Name Employer identification number (EIN)

Yes No1 Does any amount reported on Schedule M-3 (Form 1120), Part II, line 9 or 10, column (d), reflect allocations to this

corporation from a partnership of income, gain, loss, deduction, or credit that are disproportionate to this

corporation's capital contribution to the partnership or its ratio for sharing other items of the partnership? m m m m m m m m2 At any time during the tax year, did the corporation sell, exchange, or transfer any interest in an intangible asset to

a related person as defined in section 267(b)?m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m3 At any time during the tax year, did the corporation acquire any interest in an intangible asset from a related

person as defined in section 267(b)? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m4a During the tax year, did the corporation enter into a cost-sharing arrangement with any related foreign party

on whose behalf the corporation did not file Form 5471, Information Return of U.S. Persons With Respect

To Certain Foreign Corporations? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mb At any time during the tax year, was the corporation a participant in a cost-sharing arrangement with any related

foreign party on whose behalf the corporation did not file Form 5471? m m m m m m m m m m m m m m m m m m m m m m m m m m mAt any time during the tax year, did the corporation make any change in accounting principle for financial

accounting purposes? See instructions for the definition of "change in accounting principle"

5

m m m m m m m m m m m m m m m6 At any time during the tax year, did the corporation make any change in a method of accounting for U.S. income

tax purposes? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mAt any time during the tax year, did the corporation own any voluntary employees' beneficiary association (VEBA)

trusts that were used to hold funds designated for employee benefits?

7

m m m m m m m m m m m m m m m m m m m m m m m m m m m8 At any time during the tax year, did the corporation use an allocation method for indirect costs capitalized to

self-constructed assets that varied from its financial method of accounting? m m m m m m m m m m m m m m m m m m m m m m m m m9 At any time during the tax year, did the corporation treat for tax purposes indirect costs, as defined in Regulations

sections 1.263A-1(e)(3)(ii)(F), (G), and (H), as mixed-service costs, as defined in Regulations section 1.263A-1(e)(4)

(ii)(C)? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m10 Did the corporation, under section 118 or 362(c) and the related regulations, take a return filing position

characterizing any amount as a contribution to the capital of the corporation during the tax year by any

nonshareholders? Amounts so characterized may include, without limitation, incentives, inducements, money,

and property m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mFor Paperwork Reduction Act Notice, see the Instructions for Form 1120. Schedule B (Form 1120) (Rev. 12-2018)

JSA

8C1210 3.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION 45-2805739

X

X

X

X

X

X

X

X

X

X

X


Affiliations Schedule851Form For tax year ending OMB No. 1545-0123

(Rev. October 2016) IFile with each consolidated income tax return.Department of the TreasuryInternal Revenue Service I Information about Form 851 and its instructions is at www.irs.gov/form851.

Name of common parent corporation Employer identification number

Number, street, and room or suite no. If a P.O. box, see instructions.

City or town, state, and ZIP code

Overpayment Credits, Estimated Tax Payments, and Tax Deposits (see instructions)Portion of

overpayment creditsand estimatedtax payments

Corp.No.

Part I Employer

identificationnumber

Portion of taxdeposited with

Form 7004Name and address of corporation

Common parent corporation

Subsidiary corporations:

ITotals (Must equal amounts shown on the consolidated tax return.) m m m m m m m m mPrincipal Business Activity, Voting Stock Information, Etc. (see instructions)Part II

Corp.No.

Did thesubsidiarymake any

nondividenddistributions?

Stock holdings at beginning of yearPBACodePrincipal business activity (PBA)

Number Percentage Owned byNo. Percentageof of voting corporation

of valueYes No shares power no.

Common parent corporation

Subsidiary corporations:

%

%

%

%

%

%

%

%

%

%

%

%JSA8C2010 1.000

For Paperwork Reduction Act Notice, see instructions.Form 851 (Rev. 10-2016)

07/31/2019

KNIGHTHOUSE MEDIA INC.45-2805739F/K/A S&R MEDIA CORPORATION

150 N. MICHIGAN AVE. SUITE 900

CHICAGO, IL 60601

2799HT L073 05/12/2020 15:38:31 V18-7.19 45-2805739

22,013.

1 22,013.

2 IDEAL MEDIA GROUP INC150 N. MICHIGAN AVE. SUITE 900

46-3668071 CHICAGO, IL 60601

1 541800ADVERTISING RELATED SERVI

2 ADVERTISING RELATED SERVI 541800 X


Form 851 (Rev. 10-2016) Page 2

Changes in Stock Holdings During the Tax YearPart III

Corp.No.

Name of corporation

Share-holder ofCorpora-tion No.

Dateof

transaction

(a) Changes(b) Shares held afterchanges described in

column (a)

Number ofshares

disposed of

Number ofshares

acquired

Percentage ofvoting power

Percentage ofvalue

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

(c) If any transaction listed above caused a transfer of a share of subsidiary stock (defined to include

dispositions and deconsolidations), did the share's basis exceed its value at the time of the transfer? See

instructions Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(d) Did any share of subsidiary stock become worthless within the meaning of section 165 (taking into account

the provisions of Regulations section 1.1502-80(c)) during the taxable year? See instructions Yes Nom m m m m m(e) If the equitable owners of any capital stock shown above were other than the holders of record, provide details of the changes.

(f) If additional stock was issued, or if any stock was retired during the year, list the dates and amounts of these transactions.

Form 851 (Rev. 10-2016)

JSA8C2020 1.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

X

X


Form 851 (Rev. 10-2016) Page 3

Additional Stock Information (see instructions)Part IV Yes No1 During the tax year, did the corporation have more than one class of stock outstanding?

If "Yes," enter the name of the corporation and list and describe each class of stock.

m m m m m m m m m m m m m

Corp.No.

Name of corporation Class of stock

2 During the tax year, was there any member of the consolidated group that reaffiliated within 60 months of

disaffiliation? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," enter the name of the corporation(s) and explain the circumstances.

Corp.No.

ExplanationName of corporation

3 During the tax year, was there any arrangement in existence by which one or more persons that were notmembers of the affiliated group could acquire any stock, or acquire any voting power without acquiringstock, in the corporation, other than a de minimis amount, from the corporation or another member of theaffiliated group? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," enter the name of the corporation and see the instructions for the percentages to enter in columns(a), (b), and (c).

(b)Percentage of

outstanding voting

stock

(c)Percentage ofvoting power

Corp.No.

(a)Name of corporation

Percentage of value

%

%

%

%

%

%

%

%

%

%

%

%

Corp.No.

(d) Provide a description of any arrangement.

Form 851 (Rev. 10-2016)

JSA

8C2030 1.000

X

X

X

2799HT L073 05/12/2020 15:38:31 V18-7.19 45-2805739


SCHEDULE M-3(Form 1120)

OMB No. 1545-0123Net Income (Loss) Reconciliation for CorporationsWith Total Assets of $10 Million or More

IDepartment of the Treasury Attach to Form 1120 or 1120-C.Internal Revenue Service

À¾µ¼I Go to www.irs.gov/Form1120 for instructions and the latest information.

Name of corporation (common parent, if consolidated return) Employer identification number

Check applicable box(es): (1)

(3)

Non-consolidated return

Mixed 1120/L/PC group

(2)

(4)

Consolidated return (Form 1120 only)

Dormant subsidiaries schedule attached

Financial Information and Net Income (Loss) Reconciliation (see instructions)Part I

1

2

3

4

5

6

7

8

9

10

11

a

b

c

a

b

c

a

b

c

a

b

a

b

a

b

a

b

c

a

b

c

Did the corporation file SEC Form 10-K for its income statement period ending with or within this tax year?

Yes.

No.

Skip lines 1b and 1c and complete lines 2a through 11 with respect to that SEC Form 10-K.

Go to line 1b. See instructions if multiple non-tax-basis income statements are prepared.

Did the corporation prepare a certified audited non-tax-basis income statement for that period?

Yes.

No.

Skip line 1c and complete lines 2a through 11 with respect to that income statement.

Go to line 1c.

Did the corporation prepare a non-tax-basis income statement for that period?

Yes.

No.

Complete lines 2a through 11 with respect to that income statement.

Skip lines 2a through 3c and enter the corporation's net income (loss) per its books and records on line 4a.

Enter the income statement period: Beginning Ending

Has the corporation's income statement been restated for the income statement period on line 2a?

Yes.

No.

(If "Yes," attach an explanation and the amount of each item restated.)

Has the corporation's income statement been restated for any of the five income statement periods immediately preceding the period on line 2a?

Yes.

No.

(If "Yes," attach an explanation and the amount of each item restated.)

Is any of the corporation's voting common stock publicly traded?

Yes.

No. If "No," go to line 4a.

Enter the symbol of the corporation's primary U.S. publicly traded voting common

stock

Enter the nine-digit CUSIP number of the corporation's primary publicly traded voting

common stock

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

Worldwide consolidated net income (loss) from income statement source identified in Part I, line 1

Indicate accounting standard used for line 4a (see instructions):

4a

5a

5b

6a

6b

7a

7b

7c

8

9

10a

10b

10c

11

m m m m m(1) GAAP (2) IFRS (3) Statutory (4) Tax-basis (5) Other (specify)

Net income from nonincludible foreign entities (attach statement) (

(

)

)

m m m m m m m m m m m m m m m m m m m m mNet loss from nonincludible foreign entities (attach statement and enter as a positive amount)

Net income from nonincludible U.S. entities (attach statement)

Net loss from nonincludible U.S. entities (attach statement and enter as a positive amount)

Net income (loss) of other includible foreign disregarded entities (attach statement)

Net income (loss) of other includible U.S. disregarded entities (attach statement)

Net income (loss) of other includible entities (attach statement)

statement)

Adjustment to reconcile income statement period to tax year (attach statement)

Intercompany dividend adjustments to reconcile to line 11 (attach statement)

Other statutory accounting adjustments to reconcile to line 11 (attach statement)

Other adjustments to reconcile to amount on line 11 (attach statement)

m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m mm m m m m m m m m m m m m

m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m

Adjustment to eliminations of transactions between includible entities and nonincludible entities (attach

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m

m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m

m m m m m m m m m m m m m m m m m mNet income (loss) per income statement of includible corporations. Combine lines 4 through 10 m m m m mNote: Part I, line 11, must equal Part II, line 30, column (a), or Schedule M-1, line 1 (see instructions).

12 Enter the total amount (not just the corporation's share) of the assets and liabilities of all entities included or removed on the

following lines.

Total Assets Total Liabilities

IIII

a

b

c

d

Included on Part I, line 4

Removed on Part I, line 5

Removed on Part I, line 6

Included on Part I, line 7

m m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m m

For Paperwork Reduction Act Notice, see the Instructions for Form 1120. Schedule M-3 (Form 1120) 2018

JSA

8C2730 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

213,654.

X

213,654.

1,066,913. 937,371.


X

X

X

X

08/01/2018 07/31/2019

X

X

X

X


Schedule M-3 (Form 1120) 2018 Page 2Name of corporation (common parent, if consolidated return) Employer identification number

Check applicable box(es): (1) Consolidated group (2) Parent corp (3) Consolidated eliminations (4) Subsidiary corp (5) Mixed 1120/L/PC group

Check if a sub-consolidated: (6) 1120 group (7) 1120 eliminations

Name of subsidiary (if consolidated return) Employer identification number

Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return (see instructions)

Part II

(a)

Income (Loss) per

Income Statement

(d)

Income (Loss)

per Tax Return

(c)

Permanent

Difference

(b)

Temporary

Difference

Income (Loss) Items(Attach statements for lines 1 through 12)

1 Income (loss) from equity method foreigncorporations m m m m m m m m m m m m

2 Gross foreign dividends not previously taxed

3 Subpart F, QEF, and similar income inclusions

4 Gross-up for foreign taxes deemed paid m m5 Gross foreign distributions previously taxed m6 Income (loss) from equity method U.S.

corporations m m m m m m m m m m m m7 U.S. dividends not eliminated in tax

consolidation m m m m m m m m m m m m8 Minority interest for includible corporations m9 Income (loss) from U.S. partnerships m m m

10 Income (loss) from foreign partnerships m m11 Income (loss) from other pass-through entities

m m12 Items relating to reportable transactions

13

14

15

16

Interest income (see instructions)

Total accrual to cash adjustment

Hedging transactions

Mark-to-market income (loss)

m m m m mm m m m m

m m m m m m m m mm m m m m m

( ) ( )17

18

19

20

Cost of goods sold (see instructions)

Sale versus lease (for sellers and/or lessors)

m m mSection 481(a) adjustments m m m m m mUnearned/deferred revenue m m m m m m

21 Income recognition from long-term contracts

22 Original issue discount and other imputed interest m23 a Income statement gain/loss on sale,

exchange, abandonment, worthlessness, or

other disposition of assets other than

inventory and pass-through entities m m m mb Gross capital gains from Schedule D,

excluding amounts from pass-through entities

c Gross capital losses from Schedule D,

excluding amounts from pass-through entities,

abandonment losses, and worthless stock

losses m m m m m m m m m m m m m md Net gain/loss reported on Form 4797, line

17, excluding amounts from pass-through

entities, abandonment losses, and worthless

stock losses m m m m m m m m m m m me Abandonment losses m m m m m m m m mf Worthless stock losses (attach statement) m mg Other gain/loss on disposition of assets other

than inventory m m m m m m m m m m m24 Capital loss limitation and carryforward used25 Other income (loss) items with differences

(attach statement) m m m m m m m m m m26 Total income (loss) items. Combine lines 1

through 25 m m m m m m m m m m m m27 Total expense/deduction items (from Part

III, line 39) m m m m m m m m m m m m m28 Other items with no differences m m m m m

Mixed groups, see instructions. All others,combine lines 26 through 28

29a m m m m m mb PC insurance subgroup reconciliation totals

c Life insurance subgroup reconciliation totals

30 Reconciliation totals. Combine lines 29a through 29c m m m m m m m m m m m mNote: Line 30, column (a), must equal Part I, line 11, and column (d) must equal Form 1120, page 1, line 28.

Schedule M-3 (Form 1120) 2018

JSA

8C2731 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


X

110. 110.

4,663,080. 4,143. 4,658,937.

5,247,410. 5,247,410.-370,786. -164,423. 10,110. -525,099.

-4,662,970. 4,143. -4,658,827.

213,654. -160,280. 10,110. 63,484.

213,654. -160,280. 10,110. 63,484.






Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With TaxableIncome per Return - Expense/Deduction Items (see instructions)

Part III

Expense/Deduction Items (a)

Expense per

Income Statement

(b)

Temporary

Difference

(c)

Permanent

Difference

(d)

Deduction per

Tax Return

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

U.S. current income tax expense

U.S. deferred income tax expense

State and local current income tax expense

State and local deferred income tax expense

Foreign current income tax expense (other

than foreign withholding taxes)

Foreign deferred income tax expense

Foreign withholding taxes

Interest expense (see instructions)

Stock option expense

Other equity-based compensation

Meals and entertainment

Fines and penalties

Judgments, damages, awards, and similar costs

Parachute payments

Compensation with section 162(m) limitation

Pension and profit-sharing

Other post-retirement benefits

Deferred compensation

Charitable contribution of cash and tangible

property

Charitable contribution of intangible property

Charitable contribution limitation/carryforward

m m m m mm m m m

m

m m m m mm m mm m m m m m m

m m m mm m m m m m m m m

m m m mm m m m m m m

m m m m m m m m mm

m m m m m m m m mm m m m m m m

m m m m mm m m m m m m m

m m m m m m m m m m m m mm m

22 Domestic production activities deduction(see instructions) m m m m m m m m m m m

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

Current year acquisition or reorganization

investment banking fees


legal and accounting fees

Current year acquisition/reorganization other costs

Amortization/impairment of goodwill

Amortization of acquisition, reorganization,

and start-up costs

Other amortization or impairment write-offs

Reserved

Depletion

Depreciation

Bad debt expense

Corporate owned life insurance premiums

Purchase versus lease (for purchasers and/or

lessees)

Research and development costs

Section 118 exclusion (attach statement)

m m m m m m m mm m m m m m m

mm m m

m m m m m m m m m mm

m m m m m m m m m m m m mm m m m m m m m m m m m mm m m m m m m m m m m m

m m m m m m m m m mmm m m m m m m m m m m m m mm m m m

m mSection 162(r) - FDIC premiums paid by certain

large financial institutions (see instructions) mOther expense/deduction items with

differences (attach statement) m m m m m m39 Total expense/deduction items. Combine

lines 1 through 38. Enter here and on Part II, line27, reporting positive amounts as negative andnegative amounts as positive m m m m m m m

JSA Schedule M-3 (Form 1120) 20188C2732 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


X

1,492. -236. 1,256.

24,598. 24,598.

15,527. -8,935. 6,592.

14,476. 14,476.

104,932. -72,835. 32,097.-221,303. 287,718. 66,415.

445,540. -64,700. -1,175. 379,665.

370,786. 164,423. -10,110. 525,099.

STMT 31







Part II

(a)

Income (Loss) per

Income Statement

(d)

Income (Loss)

per Tax Return

(c)

Permanent

Difference

(b)

Temporary

Difference










13

14

15

16





m m m m mm m m m m


( ) ( )17

18

19

20


























JSA

8C2731 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

45-2805739KNIGHTHOUSE MEDIA INC.F/K/A S&R MEDIA CORPORATION


X

110. 110.

4,663,080. 4,143. 4,658,937.

5,247,432. 5,247,432.-370,786. -164,231. 10,110. -524,907.

-4,662,970. 4,143. -4,658,827.

213,676. -160,088. 10,110. 63,698.

213,676. -160,088. 10,110. 63,698.







Part III


Expense per

Income Statement

(b)

Temporary

Difference

(c)

Permanent

Difference

(d)

Deduction per

Tax Return

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21













Fines and penalties


Parachute payments






property



m m m m mm m m m

m




m m m m m m m m mm





23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38








and start-up costs


Reserved

Depletion

Depreciation

Bad debt expense



lessees)




mm m m









2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739



X

1,492. -236. 1,256.

24,598. 24,598.

15,527. -8,935. 6,592.

14,284. 14,284.

104,932. -72,835. 32,097.-221,303. 287,718. 66,415.

445,540. -64,700. -1,175. 379,665.

370,786. 164,231. -10,110. 524,907.







Part II

(a)

Income (Loss) per

Income Statement

(d)

Income (Loss)

per Tax Return

(c)

Permanent

Difference

(b)

Temporary

Difference










13

14

15

16





m m m m mm m m m m


( ) ( )17

18

19

20


























JSA

8C2731 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


IDEAL MEDIA GROUP INC 46-3668071

X

-22. -22.-192. -192.

-22. -192. -214.

-22. -192. -214.







Part III


Expense per

Income Statement

(b)

Temporary

Difference

(c)

Permanent

Difference

(d)

Deduction per

Tax Return

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21













Fines and penalties


Parachute payments






property



m m m m mm m m m

m




m m m m m m m m mm





23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38








and start-up costs


Reserved

Depletion

Depreciation

Bad debt expense



lessees)




mm m m









2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


IDEAL MEDIA GROUP INC 46-3668071

X

192. 192.

192. 192.







Part II

(a)

Income (Loss) per

Income Statement

(d)

Income (Loss)

per Tax Return

(c)

Permanent

Difference

(b)

Temporary

Difference










13

14

15

16





m m m m mm m m m m


( ) ( )17

18

19

20


























JSA

8C2731 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


ADJUSTMENTS







Part III


Expense per

Income Statement

(b)

Temporary

Difference

(c)

Permanent

Difference

(d)

Deduction per

Tax Return

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21













Fines and penalties


Parachute payments






property



m m m m mm m m m

m




m m m m m m m m mm





23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38








and start-up costs


Reserved

Depletion

Depreciation

Bad debt expense



lessees)




mm m m









2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


ADJUSTMENTS


Cost of Goods SoldForm 1125-A(Rev. November 2018) OMB No. 1545-0123I Attach to Form 1120, 1120-C, 1120-F, 1120S, or 1065.Department of the TreasuryInternal Revenue Service I Go to www.irs.gov/Form1125A for the latest information.Name Employer identification number

1

2

3

4

5

6

7

Inventory at beginning of year

Purchases

Cost of labor

Additional section 263A costs (attach schedule)

Other costs (attach schedule)

Total. Add lines 1 through 5

Inventory at end of year

1

2

3

4

5

6

7

8

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or the

appropriate line of your tax return. See instructions m m m m m m m m m m m m m m m m m m m m m m m m m m m9a Check all methods used for valuing closing inventory:

(i)

(ii)

(iii)

Cost

Lower of cost or market

Other (Specify method used and attach explanation.) III

b

c

Check if there was a writedown of subnormal goods

Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970)

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m

d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed

under LIFO 9dm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mYes

Yes

No

No

e If property is produced or acquired for resale, do the rules of section 263A apply to the entity? See instructions m m mf Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If "Yes,"

attach explanation m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

Small business taxpayer. A smallbusiness taxpayer is a taxpayer that (a) hasaverage annual gross receipts of $25million or less (indexed for inflation) for the3 prior tax years, and (b) is not a tax shelter(as defined in section 448(d)(3)). See Pub.538.

Section references are to the InternalRevenue Code unless otherwise noted.

merchandise is an income-producingfactor. See Regulations section 1.471-1. Ifinventories are required, you generallymust use an accrual method of accountingfor sales and purchases of inventory items.

What's NewSmall business taxpayers. For tax yearsbeginning after December 31, 2017, thefollowing apply. Exception for certain taxpayers. A small

business taxpayer (defined below), canadopt or change its accounting method toaccount for inventories in the same manneras material and supplies that are non-incidental, or conform to its treatment ofinventories in an applicable financialstatement (as defined in section 451(b)(3)),or if it does not have an applicable financialstatement, the method of accounting usedin its books and records prepared inaccordance with its accountingprocedures. See section 471(c)(3).

% A small business taxpayer (defined Uniform capitalization rules. The uniformcapitalization rules of section 263Agenerally require you to capitalize, orinclude in inventory, certain costs incurredin connection with the following.

below), may use a method of accounting forinventories that either: (1) treats inventoriesas nonincidental materials and supplies, or(2) conforms to the taxpayer's financialaccounting treatment of inventories. % The production of real property and

% tangible personal property held in inventoryor held for sale in the ordinary course ofbusiness.

A small business taxpayer is not requiredto capitalize costs under section 263A.

General Instructions % Real property or personal property(tangible and intangible) acquired for resale.Purpose of Form % The production of real property and A small business taxpayer claiming

exemption from the requirement to keepinventories is changing its method ofaccounting for purposes of section 481.For additional guidance on this method ofaccounting, see Pub. 538, AccountingPeriods and Methods. For guidance onchanging to this method of accounting, seeForm 3115 and the Instructions for Form3115.

Use Form 1125-A to calculate and deductcost of goods sold for certain entities. tangible personal property for use in its

trade or business or in an activity engagedin for profit.Who Must File A small business taxpayer (definedabove) is not required to capitalize costsunder section 263A. See section 263A(i).

Filers of Form 1120, 1120-C, 1120-F,1120S, or 1065, must complete and attachForm 1125-A if the applicable entity reportsa deduction for cost of goods sold. See the discussion on section 263A

uniform capitalization rules in theinstructions for your tax return beforecompleting Form 1125-A. Also seeRegulations sections 1.263A-1 through1.263A-3. See Regulations section1.263A-4 for rules for property produced ina farming business.

Inventories

Generally, inventories are required at thebeginning and end of each tax year if theproduction, purchase, or sale of

For Paperwork Reduction Act Notice, see instructions. Form 1125-A (Rev. 11-2018)

JSA8X4012 3.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


2,593,605.

2,065,332.4,658,937.

4,658,937.

X

X

SEE STATEMENT 36


Compensation of OfficersForm 1125-EOMB No. 1545-0123(Rev. October 2016)

I Attach to Form 1120, 1120-C, 1120-F, 1120-REIT, 1120-RIC, or 1120S.

Information about Form 1125-E and its separate instructions is at www.irs.gov/form1125e.Department of the TreasuryInternal Revenue Service IName Employer identification number

Note: Complete Form 1125-E only if total receipts are $500,000 or more. See instructions for definition of total receipts.

(c) Percent of time devoted to

business

Percent of stock owned(b) Social security number

(see instructions)

(f) Amount ofcompensation

(a) Name of officer(d) Common (e) Preferred

1

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

2

3

Total compensation of officers

Compensation of officers claimed on Form 1125-A or elsewhere on return

2

3

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m

4 Subtract line 3 from line 2. Enter the result here and on Form 1120, page 1, line 12 or the

appropriate line of your tax return m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 4For Paperwork Reduction Act Notice, see separate instructions. Form 1125-E (Rev. 10-2016)

JSA

8C1318 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

154,440.

154,440.


SEE STATEMENT 38


OMB No. 1545-0172Depreciation and AmortizationForm 4562

(Including Information on Listed Property)

I À¾µ¼Attach to your tax return.Department of the Treasury

Internal Revenue ServiceAttachmentI(99) Go to www.irs.gov/Form4562 for instructions and the latest information. Sequence No. 179

Name(s) shown on return Identifying number

Business or activity to which this form relates

Election To Expense Certain Property Under Section 179Note: If you have any listed property, complete Part V before you complete Part I.

Part I

1 Maximum amount (see instructions) 1m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m2 Total cost of section 179 property placed in service (see instructions) 2m m m m m m m m m m m m m m m m m m m m m m m m3 Threshold cost of section 179 property before reduction in limitation (see instructions) 3m m m m m m m m m m m m m m m4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- 4m m m m m m m m m m m m m m m m m m m m m5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing

separately, see instructions 5m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m6 (a) Description of property (b) Cost (business use only) (c) Elected cost

7 Listed property. Enter the amount from line 29 7m m m m m m m m m m m m m m m m m m m m m m8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 8m m m m m m m m m m m m m m m m9 Tentative deduction. Enter the smaller of line 5 or line 8 9m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

10 Carryover of disallowed deduction from line 13 of your 2017 Form 4562 10m m m m m m m m m m m m m m m m m m m m m m11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions 11m12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 12m m m m m m m m m m m m m m m

I13 Carryover of disallowed deduction to 2019. Add lines 9 and 10, less line 12 13m m mNote: Don't use Part II or Part III below for listed property. Instead, use Part V.

Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.)Part II

14 Special depreciation allowance for qualified property (other than listed property) placed in service

during the tax year. See instructions 14

15

16

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m15

16

Property subject to section 168(f)(1) election

Other depreciation (including ACRS)

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mMACRS Depreciation (Don't include listed property. See instructions.)Part III

Section A

1717 MACRS deductions for assets placed in service in tax years beginning before 2018 m m m m m m m m m m m m m m m m m18 If you are electing to group any assets placed in service during the tax year into one or more general

asset accounts, check here Im m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mSection B - Assets Placed in Service During 2018 Tax Year Using the General Depreciation System

(b) Month and year (c) Basis for depreciation (d) Recovery(e) Convention (f) Method (g) Depreciation deduction(a) Classification of property placed in (business/investment use period

service only - see instructions)

19a 3-year property

b 5-year property

c 7-year property

d 10-year property

e 15-year property

f 20-year property

g 25-year property 25 yrs. S/L

27.5 yrs. MM S/Lh Residential rental

27.5 yrs. MM S/Lproperty

39 yrs. MM S/Li Nonresidential real

MM S/Lproperty

Section C - Assets Placed in Service During 2018 Tax Year Using the Alternative Depreciation System

20a Class life S/L

b 12-year 12 yrs. S/L

c

d

30-year

40-year

30 yrs.

40 yrs.

MM

MM

S/L

S/L

Summary (See instructions.)Part IV 2121 Listed property. Enter amount from line 28 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter

here and on the appropriate lines of your return. Partnerships and S corporations - see instructions 22m m m m m m m m m m23 For assets shown above and placed in service during the current year, enter the

23portion of the basis attributable to section 263A costs m m m m m m m m m m m m m m m m m mFor Paperwork Reduction Act Notice, see separate instructions. Form 4562 (2018)JSA 8X2300 1.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


GENERAL DEPRECIATION & AMORTIZATION

17,420.

6,792.

32,097.

7,885.


Form 4562 (2018) Page 2Listed Property (Include automobiles, certain other vehicles, certain aircraft, and property used forentertainment, recreation, or amusement.)

Part V

Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a,24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.

Section A - Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)

24a Do you have evidence to support the business/investment use claimed? Yes No 24b If "Yes," is the evidence written? Yes No

(e)(c)(a) (b) (f) (g) (h) (i)(d) Basis for depreciationBusiness/ Elected section 179Type of property (list Date placed

in serviceRecovery Method/ DepreciationCost or other basisinvestment use (business/investment costvehicles first) period Convention deduction

use only)percentage

25 Special depreciation allowance for qualified listed property placed in service duringthe tax year and used more than 50% in a qualified business use. See instructions 25m m m m m m m m m m

26 Property used more than 50% in a qualified business use:

%

%

%

27 Property used 50% or less in a qualified business use:

% S/L -

% S/L -

% S/L -

2828 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 m m m m m m m m m m29 Add amounts in column (i), line 26. Enter here and on line 7, page 1 29m m m m m m m m m m m m m m m m m m m m m m m m m m

Section B - Information on Use of VehiclesComplete this section for vehicles used by a sole proprietor, partner, or other "more than 5% owner," or related person. If you provided vehicles

to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.

(a) (b) (c) (d) (e) (f)Vehicle 1 Vehicle 2 Vehicle 3 Vehicle 4 Vehicle 5 Vehicle 6

30 Total business/investment miles driven duringthe year (don't include commuting miles) m m m

31 Total commuting miles driven during the year m32 Total other personal (noncommuting)

miles driven m m m m m m m m m m m m m m m m m m m33 Total miles driven during the year. Add

lines 30 through 32 m m m m m m m m m m m m m m mYes No Yes No Yes No Yes No Yes No Yes No34 Was the vehicle available for personal

use during off-duty hours? m m m m m m m m m m m m35 Was the vehicle used primarily by a more

than 5% owner or related person? m m m m m m m m36 Is another vehicle available for personal

use? m m m m m m m m m m m m m m m m m m m m m m m mSection C - Questions for Employers Who Provide Vehicles for Use by Their Employees

Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren'tmore than 5% owners or related persons. See instructions.

Yes No37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, byyour employees? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your

employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners m m m m m m m m39 Do you treat all use of vehicles by employees as personal use? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m40 Do you provide more than five vehicles to your employees, obtain information from your employees about the

use of the vehicles, and retain the information received? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m41 Do you meet the requirements concerning qualified automobile demonstration use? See instructions

Note: If your answer to 37, 38, 39, 40, or 41 is "Yes," don't complete Section B for the covered vehicles.m m m m m m m m m m m

AmortizationPart VI (e)

(b) (f)(c)(a) (d) AmortizationDate amortization

Description of costs period orAmortizable amount Code section Amortization for this yearbegins

percentage

42 Amortization of costs that begins during your 2018 tax year (see instructions):

43 Amortization of costs that began before your 2018 tax year 43m m m m m m m m m m m m m m m m m m m m m m m m m m44 Total. Add amounts in column (f). See the instructions for where to report 44m m m m m m m m m m m m m m m m m

Form 4562 (2018)JSA

8X2310 1.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

45-2805739KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY

14,476.14,476.


Application for Automatic Extension of Time To File CertainBusiness Income Tax, Information, and Other ReturnsForm »´´¸

OMB No. 1545-0233

File a separate application for each return.(Rev. December 2018) I

Go to www.irs.gov/Form7004 for instructions and the latest information.Department of the Treasury IInternal Revenue Service

Name Identifying number

Print

or

Type

Number, street, and room or suite no. (If P.O. box, see instructions.)

City, town, state, and ZIP code (If a foreign address, enter city, province or state, and country (follow the country’s practice for entering postal code).)

Note: File request for extension by the due date of the return. See instructions before completing this form.

Automatic Extension for Certain Business Income Tax, Information, and Other Returns. See instructions.Part I 1 Enter the form code for the return listed below that this application is for m m m m m m m m m m m m m m m m m m m m m m m m m m m

FormCode

FormCode

ApplicationIs For:

ApplicationIs For:

Form 706-GS(D) Form 1120-ND (section 4951 taxes) 20

21

22

23

24

25

26

27

28

29

30

31

32

33

35

36

01

02

03

04

05

06

07

08

09

11

12

34

15

16

17

18

19

Form 706-GS(T) Form 1120-PC

Form 1041 (bankruptcy estate only) Form 1120-POL

Form 1041 (estate other than a bankruptcy estate) Form 1120-REIT

Form 1041 (trust) Form 1120-RIC

Form 1041-N Form 1120S

Form 1041-QFT Form 1120-SF

Form 3520-AForm 1042

Form 1065 Form 8612

Form 1066 Form 8613

Form 1120 Form 8725

Form 8804Form 1120-C

Form 1120-F Form 8831

Form 1120-FSC Form 8876

Form 1120-H Form 8924

Form 1120-L Form 8928

Form 1120-ND

All Filers Must Complete This PartPart II

2

3

4

If the organization is a foreign corporation that does not have an office or place of business in the United States,

check here II

I

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf the organization is a corporation and is the common parent of a group that intends to file a consolidated return,

check here m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf checked, attach a statement listing the name, address, and employer identification number (EIN) for each member

covered by this application.

If the organization is a corporation or partnership that qualifies under Regulations section 1.6081-5, check here m m5a The application is for calendar year 20 , or tax year beginning , 20 , and ending , 20

b Short tax year. If this tax year is less than 12 months, check the reason: Initial return Final return

Change in accounting period Consolidated return to be filed Other (See instructions - attach explanation)

6

7

Tentative total tax

Total payments and credits. See instructions

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 6

7

8

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m8 Balance due. Subtract line 7 from line 6. See instructions m m m m m m m m m m m m m m m m m m m m m m

For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. Form 7004 (Rev. 12-2018)

JSA

8X0915 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


150 N. MICHIGAN AVE. SUITE 900

CHICAGO, IL 60601

1 2

X

NONE

NONE

NONE

08/01 18 07/31 19

SEE STATEMENT 41


OMB No. 1545-0123Supplemental Attachment to Schedule M-3Form8916-AI Attach to Schedule M-3 for Form 1065, 1120, 1120-L, 1120-PC, or 1120S.

Department of the TreasuryInternal Revenue Service I À¾µ¼

Go to www.irs.gov/Form1120 for the latest information.

Name of common parent Employer identification number

Name of subsidiary Employer identification number

Cost of Goods SoldPart I

(a)Expense per

Income Statement

(b)TemporaryDifference

(c)PermanentDifference

(d)Deduction per Tax

ReturnCost of Goods Sold Items

1

2

Amounts attributable to cost

flow assumptions

Amounts attributable to:


Other equity-based

compensation


Parachute payments

Compensation with section

162(m) limitation

Pension and profit sharing



Reserved

Amortization

Depletion

Depreciation

Corporate-owned life insurance

premiums

Other section 263A costs

Inventory shrinkage accruals

Excess inventory and

obsolescence reserves

Lower of cost or market write-

downs

Other items with differences

(attach statement)

Other items with no differences

m m m m m m m

a

b

c

d

e

f

g

h

i

j

k

l

m

n

m m m m mm m m m m m m m m

m m mm m m m m m

m m m m m m mm m m

mm m m m

m m m m m m m m m m mm m m m m m m m m


m m m m m m m m m m mm m m

3

4

5

6

7

m mm m m m m

m m m m m m m m m m m mm m m m m m m

8 Total cost of goods sold. Addlines 1 through 7 in columnsa, b, c, and d. Enter totals on theapplicable Schedule M-3. Seeinstructions m m m m m m m m m m

For Paperwork Reduction Act Notice, see instructions. Form 8916-A (2018)

JSA

8X9035 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


2,597,748. -4,143. 2,593,605.

2,065,332. 2,065,332.

4,663,080. -4,143. 4,658,937.

STMT 42

STMT 43


Form 8916-A (2018) Page 2Interest IncomePart II

(a)Income (Loss) per Income

Statement



(d)Income (Loss) per

Tax ReturnInterest Income Item

1

2

Tax-exempt interest

income

Interest income from hybrid

securities

3 Sale/lease interest income

4a

4b

Intercompany interest

income - From outside tax

affiliated group


income - From tax

affiliated group

5 Other interest income

6 Total interest income. Addlines 1 through 5 in columnsa, b, c, and d. Enter total onthe applicable Schedule M-3.See instructions.

Interest ExpensePart III

(a)Expense per Income

Statement



(d)Deduction per Tax Return

Interest Expense Item

1

2

3a

3b

Interest expense from

hybrid securities

Lease/purchase interest

expense


expense - Paid to outside

tax affiliated group


expense - Paid to tax

affiliated group

4 Other interest expense

5 Total interest expense. Add

lines 1 through 4 in columns

a, b, c, and d. Enter total on

the applicable Schedule M-3.

See instructions.

Form 8916-A (2018)

JSA

8X9036 2.000

KNIGHTHOUSE MEDIA INC. 45-2805739

110. 110.

110. 110.

24,598. 24,598.

24,598. 24,598.

STMT 44

STMT 45


OMB No. 1545-0123Supplemental Attachment to Schedule M-3Form8916-AI Attach to Schedule M-3 for Form 1065, 1120, 1120-L, 1120-PC, or 1120S.

Department of the TreasuryInternal Revenue Service I À¾µ¼

Go to www.irs.gov/Form1120 for the latest information.

Name of common parent Employer identification number

Name of subsidiary Employer identification number

Cost of Goods SoldPart I

(a)Expense per

Income Statement



(d)Deduction per Tax

ReturnCost of Goods Sold Items

1

2

Amounts attributable to cost

flow assumptions

Amounts attributable to:


Other equity-based

compensation


Parachute payments

Compensation with section

162(m) limitation

Pension and profit sharing



Reserved

Amortization

Depletion

Depreciation

Corporate-owned life insurance

premiums

Other section 263A costs

Inventory shrinkage accruals

Excess inventory and

obsolescence reserves

Lower of cost or market write-

downs

Other items with differences

(attach statement)

Other items with no differences

m m m m m m m

a

b

c

d

e

f

g

h

i

j

k

l

m

n

m m m m mm m m m m m m m m

m m mm m m m m m

m m m m m m mm m m

mm m m m



m m m m m m m m m m mm m m

3

4

5

6

7

m mm m m m m

m m m m m m m m m m m mm m m m m m m

8 Total cost of goods sold. Addlines 1 through 7 in columnsa, b, c, and d. Enter totals on theapplicable Schedule M-3. Seeinstructions m m m m m m m m m m

For Paperwork Reduction Act Notice, see instructions. Form 8916-A (2018)

JSA

8X9035 2.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739



2,597,748. -4,143. 2,593,605.

2,065,332. 2,065,332.

4,663,080. -4,143. 4,658,937.


Form 8916-A (2018) Page 2Interest IncomePart II

(a)Income (Loss) per Income

Statement



(d)Income (Loss) per

Tax ReturnInterest Income Item

1

2

Tax-exempt interest

income

Interest income from hybrid

securities

3 Sale/lease interest income

4a

4b


income - From outside tax

affiliated group


income - From tax

affiliated group

5 Other interest income

6 Total interest income. Addlines 1 through 5 in columnsa, b, c, and d. Enter total onthe applicable Schedule M-3.See instructions.

Interest ExpensePart III

(a)Expense per Income

Statement



(d)Deduction per Tax Return

Interest Expense Item

1

2

3a

3b

Interest expense from

hybrid securities

Lease/purchase interest

expense


expense - Paid to outside

tax affiliated group


expense - Paid to tax

affiliated group

4 Other interest expense

5 Total interest expense. Add

lines 1 through 4 in columns

a, b, c, and d. Enter total on

the applicable Schedule M-3.

See instructions.

Form 8916-A (2018)

JSA

8X9036 2.000

KNIGHTHOUSE MEDIA INC. 45-2805739

110. 110.

110. 110.

24,598. 24,598.

24,598. 24,598.


Regulation Section 1.263(a)-1(f) - De Minimis Safe Harbor Election

Taxpayer Name:

Taxpayer Address:

Taxpayer ID Number:

Year-End:

Under IRC Regulation Section 1.263(a)-1(f), the taxpayer hereby elects to apply the de minimissafe harbor election.

8XE147 1.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

KNIGHTHOUSE MEDIA INC. AND SUBSIDIARY

45-2805739

07/31/2019

150 N. MICHIGAN AVE. SUITE 900 CHICAGO IL 60601


Regulation Section 1.263(a)-3(h) - Safe Harbor Electionfor Small Taxpayer

Taxpayer Name:

Taxpayer Address:

Taxpayer ID Number:

Year-End:

Under IRC Regulation Section 1.263(a)-3(h), the taxpayer hereby elects to apply the safe harborelection for small taxpayer.

Description of the building property

8XE148 1.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


45-2805739

07/31/2019



Regulation Section 1.263(a)-3(n) - Election toCapitalize Repair and Maintenance Costs

Taxpayer Name:

Taxpayer Address:

Taxpayer ID Number:

Year-End:

Under IRC Regulation Section 1.263(a)-3(n), the taxpayer hereby elects to capitalize repair andmaintenance costs.

8XE149 1.000

2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


45-2805739

07/31/2019



Co

ns

oli

da

ted

Sch

ed

ule

s

11

20

Pa

ge

1

1a

Gro

ss

receip

tsor

sale

s

1b

Re

turn

sa

nd

allo

wan

ces

1c

Ba

lan

ce

2C

ost

of

goods

sold

3G

ross

pro

fit

4D

ivid

en

ds

5In

tere

st

6G

ross

ren

ts

7G

ross

roya

lties

8C

ap

ita

lg

ain

net

inco

me

9N

et

gain

or

(loss)

fro

mF

orm

47

97

10

Oth

er

incom

e

11

To

tal

incom

e

12

Co

mp

en

sa

tion

of

off

icers

13

Sa

lari

es

an

dw

ages

14

Re

pa

irs

an

dm

ain

ten

an

ce

15

Ba

dd

ebts

16

Ren

ts

17

Ta

xes

an

dlic

en

ses

18

Inte

rest

19

Ch

ari

tab

leco

ntr

ibu

tion

s

20

De

pre

cia

tion

21

De

ple

tio

n

22

Ad

ve

rtis

ing

Pe

nsio

n,

pro

fit-

sh

ari

ng

23

etc

.,pla

ns

24

Em

plo

yee

ben

efit

pro

gra

ms

25

Re

serv

ed

for

futu

reu

se

26

Oth

er

de

du

ction

s

27

To

tal

de

du

ction

s

Ta

xab

lein

com

eb

efo

reN

OL

&S

pec.

Ded

uct

ion

s2

8

29

NO

L,S

pe

c.

dedu

ction

s

30

Ta

xab

lein

com

e

JS

A

8C

90

82

2.0

00


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

1

COMBINED

8,296,828.

---------------

8,296,828.

4,658,937.

3,637,891.

110.

3,638,001.

---------------

---------------

154,440.

1,135,708.

66,415.

389,702.

120,724.

24,598.

32,097.

36,602.

39,995.

1,574,236.

3,574,517.

---------------

---------------

63,484.

===============

NONE

63,484.

---------------

===============

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

---------------

---------------

---------------

---------------

---------------

NONE

===============

NONE

---------------

===============

ADJUSTMENTS

---------------

---------------

---------------

---------------

---------------

===============

63,484.

-63,484.

---------------

===============

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

8,296,828.

---------------

8,296,828.

4,658,937.

3,637,891.

110.

3,638,001.

---------------

---------------

154,440.

1,135,708.

66,415.

389,702.

120,724.

24,598.

32,097.

36,602.

39,995.

1,574,236.

3,574,517.

---------------

---------------

63,484.

===============

63,484.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

11

20

Pa

ge

1

1a

Gro

ss

receip

tsor

sale

s

1b

Re

turn

sa

nd

allo

wan

ces

1c

Ba

lan

ce

2C

ost

of

goods

sold

3G

ross

pro

fit

4D

ivid

en

ds

5In

tere

st

6G

ross

ren

ts

7G

ross

roya

lties

8C

ap

ita

lg

ain

net

inco

me

9N

et

gain

or

(loss)

fro

mF

orm

47

97

10

Oth

er

incom

e

11

To

tal

incom

e

12

Co

mp

en

sa

tion

of

off

icers

13

Sa

lari

es

an

dw

ages

14

Re

pa

irs

an

dm

ain

ten

an

ce

15

Ba

dd

ebts

16

Ren

ts

17

Ta

xes

an

dlic

en

ses

18

Inte

rest

19

Ch

ari

tab

leco

ntr

ibu

tion

s

20

De

pre

cia

tion

21

De

ple

tio

n

22

Ad

ve

rtis

ing

Pe

nsio

n,

pro

fit-

sh

ari

ng

23

etc

.,pla

ns

24

Em

plo

yee

ben

efit

pro

gra

ms

25

Re

serv

ed

for

futu

reu

se

26

Oth

er

de

du

ction

s

27

To

tal

de

du

ction

s

Ta

xab

lein

com

eb

efo

reN

OL

&S

pec.

Ded

uct

ion

s2

8

29

NO

L,S

pe

c.

dedu

ction

s

30

Ta

xab

lein

com

e

JS

A

8C

90

82

2.0

00


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

2

KNIGHTHOUSE MEDIA

INC.

45-2805739

8,296,828.

---------------

8,296,828.

4,658,937.

3,637,891.

110.

3,638,001.

---------------

---------------

154,440.

1,135,708.

66,415.

389,702.

120,724.

24,598.

32,097.

36,602.

39,995.

1,574,022.

---------------

3,574,303.

---------------

63,698.

===============

NONE

63,698.

---------------

===============

IDEAL MEDIA GROUP

INC

46-3668071

---------------

---------------

---------------

214.

---------------

214.

---------------

-214.

===============

NONE

-214.

---------------

===============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 1 DETAIL

================================================================================================================================================================================ 3

LINE 17 - TAXES SUMMARY

=======================

TAXES (EXCLUDING INCOME TAXES)

119,468.

OTHER STATE AND LOCAL TAXES

1,256.

TOTAL

120,724.

---------------

===============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 1 DETAIL

LINE 17 - TAXES EXCLUDING INCOME TAXES

--------------------------------------

EMPLOYMENT TAXES

OTHER TAXES

TOTAL

4

COMBINED

--------------

119,117.

351.

119,468.

--------------

==============

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

--------------

--------------

==============

ADJUSTMENTS

--------------

--------------

==============

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

--------------

119,117.

351.

119,468.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 1 DETAIL

LINE 17 - TAXES EXCLUDING INCOME TAXES

--------------------------------------

EMPLOYMENT TAXES

OTHER TAXES

TOTAL

5

KNIGHTHOUSE

MEDIA INC.

45-2805739

--------------

119,117.

351.

119,468.

--------------

==============

IDEAL MEDIA

GROUP INC

46-3668071

--------------

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 1 DETAIL

LINE 17 - OTHER STATE AND LOCAL TAXES

-------------------------------------

STATE INCOME TAXES

TOTAL

6

COMBINED

--------------

1,256.

1,256.

--------------

==============

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

--------------

--------------

==============

ADJUSTMENTS

--------------

--------------

==============

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

--------------

1,256.

1,256.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 1 DETAIL

LINE 17 - OTHER STATE AND LOCAL TAXES

-------------------------------------

STATE INCOME TAXES

TOTAL

7

KNIGHTHOUSE

MEDIA INC.

45-2805739

--------------

1,256.

1,256.

--------------

==============

IDEAL MEDIA

GROUP INC

46-3668071

--------------

--------------

==============


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT

1120 PAGE 1 DETAIL

8

LINE 26 - SUMMARY OF TRAVEL, MEALS AND ENTERTAINMENT====================================================

KNIGHTHOUSE MEDIA INC.---------------------------------------------100% ALLOWABLE TRAVEL AND ENTERTAINMENT 62,894.NET MEALS AND ENTERTAINMENT AMOUNT TO OTHER DEDUCTIONS 6,592.

SUBTOTAL 69,486.---------------

---------------

TOTAL LINE 26 - TRAVEL, MEALS AND ENTERTAINMENT 69,486.===============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 1 DETAIL

LINE 26 - OTHER DEDUCTIONS

--------------------------

WEBSITE FEES

COMPUTER/IT

BANK/CREDIT FEES

RECRUITING

CLEANER/MAINTENANCE

PAYROLL PROCESS EXPENSE

CONSULTING

REFRESHMENTS

OFFICE EXPENSES

EDIT AND ART EXPENSES

EQUIPMENT RENTAL

INSURANCE

UTILITIES AND TELEPHONE

VEHICLE EXPENSE

LEGAL AND ACCOUNTING

MISCELLANEOUS EXPENSE

OFFICE SUPPLIES

POSTAGE AND SUPPLIES

TRAVEL, MEALS AND ENTERTAINMENT

AMORTIZATION

TOTAL

9

COMBINED

--------------

15,705.

58,923.

163,500.

17,612.

242.

27,484.

830,094.

12,530.

3,032.

9,337.

18,501.

39,422.

183,486.

37,018.

35,376.

6,981.

17,197.

13,757.

69,486.

14,476.

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

--------------

ADJUSTMENTS

--------------

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

--------------

15,705.

58,923.

163,500.

17,612.

242.

27,484.

830,094.

12,530.

3,032.

9,337.

18,501.

39,422.

183,486.

37,018.

35,376.

6,981.

17,197.

13,757.

69,486.

14,476.

COMBINED

--------------

1,574,159.

--------------

==============

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

--------------

--------------

==============

ADJUSTMENTS

--------------

--------------

==============

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

--------------

1,574,159.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 1 DETAIL

LINE 26 - OTHER DEDUCTIONS

--------------------------

WEBSITE FEES

COMPUTER/IT

BANK/CREDIT FEES

RECRUITING

CLEANER/MAINTENANCE

PAYROLL PROCESS EXPENSE

CONSULTING

REFRESHMENTS

OFFICE EXPENSES

EDIT AND ART EXPENSES

EQUIPMENT RENTAL

INSURANCE

UTILITIES AND TELEPHONE

VEHICLE EXPENSE

LEGAL AND ACCOUNTING

MISCELLANEOUS EXPENSE

OFFICE SUPPLIES

POSTAGE AND SUPPLIES

TRAVEL, MEALS AND ENTERTAINMENT

AMORTIZATION

TOTAL

10

KNIGHTHOUSE

MEDIA INC.

45-2805739

--------------

15,705.

58,923.

163,478.

17,612.

242.

27,484.

830,094.

12,530.

3,032.

9,337.

18,501.

39,422.

183,486.

37,018.

35,376.

6,981.

17,197.

13,757.

69,486.

14,284.

1,573,945.

--------------

==============

IDEAL MEDIA

GROUP INC

46-3668071

--------------

22.

192.

214.

--------------

==============


FORM 1120, PAGE 1 DETAIL


45-2805739

====================================================================================================

2799HT

L073

05/12/2020

15:38:31

V18-7.19

45-2805739

STATEMENT

11

NON-SRLY NOL CARRYOVER SCHEDULE

-------------------------------


---------------------------------------------

AMOUNT USED

AMOUNT IN CONVERTED CARRYOVER

YEAR ENDING ORIGINAL NOL AVAILABLE CURRENT YEAR

-------------------------------------------------------------

CONTRIBUTIONS TO NEXT YEAR

---------------------------------------

07/31/1999

07/31/2000

07/31/2001

07/31/2002

07/31/2003

07/31/2004

07/31/2005

07/31/2006

07/31/2007

07/31/2008

07/31/2009

07/31/2010

07/31/2011

07/31/2012

07/31/2013

07/31/2014

07/31/2015

9,460.

9,460.

07/31/2016

222,651.

54,024.

168,627.

07/31/2017

07/31/2018

318,227.

318,227.

07/31/2019

---------------

---------------

---------------

---------------

===============

486,854.

===============

63,484.

---------------

===============

9,460.

222,651.

318,227.

---------------

550,338.

---------------

===============

550,338.

---------------

===============

TOTAL




45-2805739

====================================================================================================

2799HT

L073

05/12/2020

15:38:31

V18-7.19

45-2805739

STATEMENT

12


-------------------------------


---------------------------------------------

AMOUNT USED



-------------------------------------------------------------


---------------------------------------

07/31/1999

07/31/2000

07/31/2001

07/31/2002

07/31/2003

07/31/2004

07/31/2005

07/31/2006

07/31/2007

07/31/2008

07/31/2009

07/31/2010

07/31/2011

07/31/2012

07/31/2013

07/31/2014

07/31/2015

9,460.

9,460.

07/31/2016

222,459.

222,459.

07/31/2017

07/31/2018

318,035.

318,035.

07/31/2019

---------------

---------------

---------------

---------------

===============

549,954.

===============

---------------

===============

9,460.

222,459.

318,035.

---------------

549,954.

===============

549,954.

---------------

===============

TOTAL




45-2805739

====================================================================================================

2799HT

L073

05/12/2020

15:38:31

V18-7.19

45-2805739

STATEMENT

13


-------------------------------

IDEAL MEDIA GROUP INC

---------------------------------------------

AMOUNT USED



-------------------------------------------------------------


---------------------------------------

07/31/1999

07/31/2000

07/31/2001

07/31/2002

07/31/2003

07/31/2004

07/31/2005

07/31/2006

07/31/2007

07/31/2008

07/31/2009

07/31/2010

07/31/2011

07/31/2012

07/31/2013

07/31/2014

07/31/2015

07/31/2016

192.

192.

07/31/2017

07/31/2018

192.

192.

07/31/2019

---------------

---------------

---------------

---------------

===============

384.

===============

---------------

===============

192.

192.

---------------

384.

===============

384.

---------------

===============

TOTAL


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT

1120 PAGE 1 DETAIL

14

LINE 29A - NOL CARRYOVERS TO NEXT YEAR======================================

KNIGHTHOUSE MEDIA INC.---------------------------------------------NON-SRLY CARRYOVER 549,954.

TOTAL 549,954.---------------

---------------

IDEAL MEDIA GROUP INC---------------------------------------------NON-SRLY CARRYOVER 384.

TOTAL 384.---------------

---------------

TOTAL LINE 29A - CURRENT YEAR UTILIZATION 63,484.===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sch

.L

-B

eg

inn

ing

As

se

ts

1C

ash

2a

Tra

de

No

tes

an

dA

/R

bL

ess

allow

an

ce

for

Bad

Deb

ts

3In

ve

nto

ries

4U

SG

ove

rnm

en

tO

blig

ation

s

5T

ax-e

xem

pt

Secu

rities

6O

ther

Cu

rren

tA

ssets

7L

oa

ns

toS

tockh

old

ers

8M

tge

an

dR

ealE

sta

teL

oan

s

9O

ther

Inve

stm

en

ts

10

aB

uild

ing

san

dO

ther

Dep

recia

ble

Asse

ts

bL

ess

Accu

m.

Dep

recia

tion

11

aD

ep

leta

ble

Assets

bL

ess

Accu

m.

Dep

letion

12

La

nd

(ne

to

fan

yA

mort

ization

)

13

aIn

tan

gib

leA

ssets

bL

ess

Accu

m.

Am

ort

ization

14

Oth

er

Assets

15

To

talA

ssets

Lia

bili

tie

sa

nd

Sto

ck

ho

lde

rs'E

qu

ity

16

Acco

un

tsP

aya

ble

17

Mtg

es,

Note

s,

Bon

dP

aya

ble

inle

ss

than

1ye

ar

18

Oth

er

Cu

rren

tL

iab

ilities

19

Lo

an

sfr

om

Sto

ckh

old

ers

20

Mtg

es,

Note

s,

Bon

ds

Paya

ble

in1

ye

ar

or

more

21

Oth

er

Lia

bili

ties

a2

2C

ap

italst

ock-P

refe

rred

bC

ap

italsto

ck-

Com

mon

23

Ad

dit

ion

alP

aid

-in

Cap

ital

24

Re

tain

ed

earn

ing

s-A

pp

rop

riate

d

25

Re

tain

ed

earn

ing

s-U

nap

pro

priate

d

26

Ad

justm

en

tsto

share

hold

ers

'eq

uity

27

Le

ss

cost

ofT

reasu

ryS

tock

28

To

tal

Lia

bili

ties

an

d

Sto

ckh

old

ers

'Eq

uity

JS

A8

C9

09

41

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

15

COMBINED

306,176.

---------------

488,126.

301,562.

22,104,664.

590,636.

414,768.

22,773,272.

---------------

===============

35,553.

22,821,830.

200.

-1,194,058.

1,109,747.

22,773,272.

---------------

===============

KNIGHTHOUSE MEDIA

INC. ELIMINATIONS

---------------

-21,955,021.

-21,955,021.

---------------

===============

-21,955,021.

-21,955,021.

---------------

===============

ADJUSTMENTS

---------------

---------------

===============

---------------

===============

KNIGHTHOUSE MEDIA

INC. AND

SUBSIDIARY

306,176.

---------------

488,126.

301,562.

149,643.

590,636.

414,768.

818,251.

---------------

===============

35,553.

866,809.

200.

-1,194,058.

1,109,747.

818,251.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sch

.L

-B

eg

inn

ing

As

se

ts

1C

ash

2a

Tra

de

No

tes

an

dA

/R

bL

ess

allow

an

ce

for

Bad

Deb

ts

3In

ve

nto

ries

4U

SG

ove

rnm

en

tO

blig

ation

s

5T

ax-e

xem

pt

Secu

rities

6O

ther

Cu

rren

tA

ssets

7L

oa

ns

toS

tockh

old

ers

8M

tge

an

dR

ealE

sta

teL

oan

s

9O

ther

Inve

stm

en

ts

10

aB

uild

ing

san

dO

ther

Dep

recia

ble

Asse

ts

bL

ess

Accu

m.

Dep

recia

tion

11

aD

ep

leta

ble

Assets

bL

ess

Accu

m.

Dep

letion

12

La

nd

(ne

to

fan

yA

mort

ization

)

13

aIn

tan

gib

leA

ssets

bL

ess

Accu

m.

Am

ort

ization

14

Oth

er

Assets

15

To

talA

ssets

Lia

bili

tie

sa

nd

Sto

ck

ho

lde

rs'E

qu

ity

16

Acco

un

tsP

aya

ble

17

Mtg

es,

Note

s,

Bon

dP

aya

ble

inle

ss

than

1ye

ar

18

Oth

er

Cu

rren

tL

iab

ilities

19

Lo

an

sfr

om

Sto

ckh

old

ers

20

Mtg

es,

Note

s,

Bon

ds

Paya

ble

in1

ye

ar

or

more

21

Oth

er

Lia

bili

ties

a2

2C

ap

italst

ock-P

refe

rred

bC

ap

italsto

ck-

Com

mon

23

Ad

dit

ion

alP

aid

-in

Cap

ital

24

Re

tain

ed

earn

ing

s-A

pp

rop

riate

d

25

Re

tain

ed

earn

ing

s-U

nap

pro

priate

d

26

Ad

justm

en

tsto

share

hold

ers

'eq

uity

27

Le

ss

cost

ofT

reasu

ryS

tock

28

To

tal

Lia

bili

ties

an

d

Sto

ckh

old

ers

'Eq

uity

JS

A8

C9

09

41

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

16

KNIGHTHOUSE MEDIA

INC.

45-2805739

302,505.

---------------

488,126.

301,562.

22,096,517.

590,636.

414,768.

22,761,454.

---------------

===============

35,553.

22,716,525.

100.

-1,100,471.

1,109,747.

22,761,454.

---------------

===============

IDEAL MEDIA GROUP

INC

46-3668071

3,671.

---------------

8,147.

11,818.

---------------

===============

105,305.

100.

-93,587.

11,818.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sch

.L

-E

nd

ing A

ss

ets

1C

ash

2a

Tra

de

No

tes

an

dA

/R

bL

ess

allow

an

cefo

rB

ad

Deb

ts

3In

ven

tories

4U

SG

ove

rnm

en

tO

blig

ation

s

5T

ax-e

xem

pt

Secu

ritie

s

6O

ther

Cu

rren

tA

ssets

7L

oa

ns

toS

tockh

old

ers

8M

tge

an

dR

ealE

sta

teL

oan

s

9O

ther

Inve

stm

en

ts

10

aB

uild

ing

san

dO

ther

Dep

recia

ble

Assets

bL

ess

Acc

um

.D

ep

reci

ation

11

aD

ep

leta

ble

Assets

bL

ess

Accu

m.

Dep

letion

12

La

nd

(ne

to

fan

yA

mort

ization

)

13

aIn

tan

gib

leA

ssets

bL

ess

Accu

m.

Am

ort

ization

14

Oth

er

Assets

15

To

talA

ssets

Lia

bilit

ies

an

dS

toc

kh

old

ers

'E

qu

ity

16

Acco

un

tsP

aya

ble

17

Mtg

es,

Note

s,

Bon

dP

aya

ble

inle

ss

than

1ye

ar

18

Oth

er

Cu

rren

tL

iab

ilities

19

Lo

an

sfr

om

Sto

ckh

old

ers

20

Mtg

es,

Note

s,

Bon

ds

Paya

ble

in1

ye

ar

or

more

21

Oth

er

Lia

bili

ties

a2

2C

ap

italsto

ck-P

refe

rred

bC

ap

italsto

ck-C

om

mon

23

Ad

dit

ion

alP

aid

-in

Cap

ital

24

Re

tain

ed

earn

ing

s-A

pp

rop

riate

d

25

Re

tain

ed

earn

ing

s-U

nap

pro

priate

d

26

Ad

justm

en

tsto

Sh

are

hold

ers

'Eq

uity

27

Le

ss

cost

ofT

reasu

ryS

tock

28

To

tal

Lia

bili

ties

an

d

Sto

ckh

old

ers

'Eq

uity

JS

A8

C9

09

51

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

17

COMBINED

371,692.

---------------

571,911.

13,844.

23,292,055.

590,483.

511,661.

24,300,636.

---------------

===============

-21,580.

23,834,049.

358,625.

200.

-980,405.

1,109,747.

24,300,636.

---------------

===============

KNIGHTHOUSE MEDIA

INC. ELIMINATIONS

---------------

-23,233,723.

-23,233,723.

---------------

===============

-23,233,723.

-23,233,723.

---------------

===============

ADJUSTMENTS

---------------

---------------

===============

---------------

===============

KNIGHTHOUSE MEDIA

INC. AND

SUBSIDIARY

371,692.

---------------

571,911.

13,844.

58,332.

590,483.

511,661.

1,066,913.

---------------

===============

-21,580.

600,326.

358,625.

200.

-980,405.

1,109,747.

1,066,913.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sch

.L

-E

nd

ing A

ss

ets

1C

ash

2a

Tra

de

No

tes

an

dA

/R

bL

ess

allow

an

cefo

rB

ad

Deb

ts

3In

ven

tories

4U

SG

ove

rnm

en

tO

blig

ation

s

5T

ax-e

xem

pt

Secu

ritie

s

6O

ther

Cu

rren

tA

ssets

7L

oa

ns

toS

tockh

old

ers

8M

tge

an

dR

ealE

sta

teL

oan

s

9O

ther

Inve

stm

en

ts

10

aB

uild

ing

san

dO

ther

Dep

recia

ble

Assets

bL

ess

Acc

um

.D

ep

reci

ation

11

aD

ep

leta

ble

Assets

bL

ess

Accu

m.

Dep

letion

12

La

nd

(ne

to

fan

yA

mort

ization

)

13

aIn

tan

gib

leA

ssets

bL

ess

Accu

m.

Am

ort

ization

14

Oth

er

Assets

15

To

talA

ssets

Lia

bilit

ies

an

dS

toc

kh

old

ers

'E

qu

ity

16

Acco

un

tsP

aya

ble

17

Mtg

es,

Note

s,

Bon

dP

aya

ble

inle

ss

than

1ye

ar

18

Oth

er

Cu

rren

tL

iab

ilities

19

Lo

an

sfr

om

Sto

ckh

old

ers

20

Mtg

es,

Note

s,

Bon

ds

Paya

ble

in1

ye

ar

or

more

21

Oth

er

Lia

bili

ties

a2

2C

ap

italsto

ck-P

refe

rred

bC

ap

italsto

ck-C

om

mon

23

Ad

dit

ion

alP

aid

-in

Cap

ital

24

Re

tain

ed

earn

ing

s-A

pp

rop

riate

d

25

Re

tain

ed

earn

ing

s-U

nap

pro

priate

d

26

Ad

justm

en

tsto

Sh

are

hold

ers

'Eq

uity

27

Le

ss

cost

ofT

reasu

ryS

tock

28

To

tal

Lia

bili

ties

an

d

Sto

ckh

old

ers

'Eq

uity

JS

A8

C9

09

51

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

18

KNIGHTHOUSE MEDIA

INC.

45-2805739

371,692.

---------------

571,911.

13,844.

23,280,759.

590,483.

511,661.

24,289,340.

---------------

===============

-21,580.

23,729,244.

358,625.

100.

-886,796.

1,109,747.

24,289,340.

---------------

===============

IDEAL MEDIA GROUP

INC

46-3668071

---------------

11,296.

11,296.

---------------

===============

104,805.

100.

-93,609.

11,296.

---------------

===============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 6 DETAIL

SCH. L, LINE 6 - OTHER CURRENT ASSETS

-------------------------------------

PREPAID EXPENSE

DEPOSITS

INTERCOMPANY RECEIVABLE

OTHER CURRENT ASSETS

TOTAL

19

COMBINED

----------------------------

BEGINNING

--------------

ENDING

--------------

132,539.

41,783.

16,228.

12,297.

21,955,022.

23,233,723.

875.

4,252.

22,104,664.

--------------

==============

23,292,055.

--------------

==============


ELIMINATIONS

----------------------------

BEGINNING

--------------

ENDING

--------------

-21,955,021.

-23,233,723.

-21,955,021.

--------------

==============

-23,233,723.

--------------

==============

ADJUSTMENTS

----------------------------

BEGINNING

--------------

ENDING

--------------

--------------

==============

--------------

==============

KNIGHTHOUSE MEDIA INC. AND

SUBSIDIARY

----------------------------

BEGINNING

--------------

ENDING

--------------

132,539.

41,783.

16,228.

12,297.

1.

875.

4,252.

149,643.

--------------

==============

58,332.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 6 DETAIL

SCH. L, LINE 6 - OTHER CURRENT ASSETS

-------------------------------------

PREPAID EXPENSE

DEPOSITS

INTERCOMPANY RECEIVABLE

OTHER CURRENT ASSETS

TOTAL

20


45-2805739

----------------------------

BEGINNING

--------------

ENDING

--------------

132,539.

41,783.

16,228.

12,297.

21,946,875.

23,222,427.

875.

4,252.

22,096,517.

--------------

==============

23,280,759.

--------------

==============


46-3668071

----------------------------

BEGINNING

--------------

ENDING

--------------

8,147.

11,296.

8,147.

--------------

==============

11,296.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 6 DETAIL

LINE 18 - OTHER CURRENT LIABILITIES

-----------------------------------

OTHER ACCRUED EXPENSES

DEFERRED REVENUE

ACCRUED PAYROLL TAX

DEFERRED RENT

FEDERAL TAX PAYABLE

INTERCOMPANY PAYABLE

TOTAL

21

COMBINED

----------------------------

BEGINNING

--------------

ENDING

--------------

127,335.

121,484.

591,113.

267,924.

-7,895.

NONE

133,734.

188,397.

22,522.

22,522.

21,955,021.

23,233,722.

22,821,830.

--------------

==============

23,834,049.

--------------

==============


ELIMINATIONS

----------------------------

BEGINNING

--------------

ENDING

--------------

-21,955,021.

-23,233,723.

-21,955,021.

--------------

==============

-23,233,723.

--------------

==============

ADJUSTMENTS

----------------------------

BEGINNING

--------------

ENDING

--------------

--------------

==============

--------------

==============


SUBSIDIARY

----------------------------

BEGINNING

--------------

ENDING

--------------

127,335.

121,484.

591,113.

267,924.

-7,895.

NONE

133,734.

188,397.

22,522.

22,522.

-1.

866,809.

--------------

==============

600,326.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 6 DETAIL

LINE 18 - OTHER CURRENT LIABILITIES

-----------------------------------

OTHER ACCRUED EXPENSES

DEFERRED REVENUE

ACCRUED PAYROLL TAX

DEFERRED RENT

FEDERAL TAX PAYABLE

INTERCOMPANY PAYABLE

TOTAL

22


45-2805739

----------------------------

BEGINNING

--------------

ENDING

--------------

127,335.

121,484.

591,113.

267,924.

NONE

133,734.

188,397.

22,522.

22,522.

21,841,821.

23,128,917.

22,716,525.

--------------

==============

23,729,244.

--------------

==============


46-3668071

----------------------------

BEGINNING

--------------

ENDING

--------------

-7,895.

113,200.

104,805.

105,305.

--------------

==============

104,805.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 6 DETAIL

SCH. L, LINE 26 - ADJ TO SHAREHOLDERS' EQUITY

---------------------------------------------

EQUITY FROM FRIARS

TOTAL

23

COMBINED

----------------------------

BEGINNING

--------------

ENDING

--------------

1,109,747.

1,109,747.

1,109,747.

--------------

==============

1,109,747.

--------------

==============


ELIMINATIONS

----------------------------

BEGINNING

--------------

ENDING

--------------

--------------

==============

--------------

==============

ADJUSTMENTS

----------------------------

BEGINNING

--------------

ENDING

--------------

--------------

==============

--------------

==============


SUBSIDIARY

----------------------------

BEGINNING

--------------

ENDING

--------------

1,109,747.

1,109,747.

1,109,747.

--------------

==============

1,109,747.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

1120 PAGE 6 DETAIL

SCH. L, LINE 26 - ADJ TO SHAREHOLDERS' EQUITY

---------------------------------------------

EQUITY FROM FRIARS

TOTAL

24


45-2805739

----------------------------

BEGINNING

--------------

ENDING

--------------

1,109,747.

1,109,747.

1,109,747.

--------------

==============

1,109,747.

--------------

==============


46-3668071

----------------------------

BEGINNING

--------------

ENDING

--------------

--------------

==============

--------------

==============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sc

h.

M1

an

dM

-2S

um

ma

ry

Sc

he

du

leM

-1

1N

et

inco

me

per

books

2F

ed

era

lIn

com

eT

ax

3E

xces

sC

ap

italL

osses

4In

co

me

Su

bje

ct

toT

ax

not

on

Books

5E

xpen

ses

Record

ed

on

Books

no

tD

ed

ucte

don

Retu

rn

aD

ep

recia

tion

bC

ha

rita

ble

Con

trib

ution

s

cT

rave

lan

dE

nte

rtain

men

t

Oth

er

6T

ota

lL

ines

1-5

7In

co

me

Record

ed

on

Books

no

tIn

clu

ded

on

Retu

rn

aT

ax-

exe

mp

tIn

tere

st

Oth

er

8D

ed

ucti

on

son

Retu

rnn

ot

on

Books

aD

ep

recia

tion

bC

ha

rita

ble

Con

trib

ution

s

Oth

er

9T

ota

lL

ines

7an

d8

10

Inco

me

(Lin

e2

8,

Pag

e1

)

Sc

he

du

leM

-2

1B

ala

nce

at

beg

inn

ing

ofye

ar

2N

et

Incom

ep

er

Books

3O

ther

Incre

ases

4T

ota

lL

ine

1-3

5D

istr

ibu

tion

s

aC

ash

bS

tock

cP

rop

ert

y

6O

ther

Decre

ases

7T

ota

llin

es

5an

d6

8B

ala

nce

at

en

dofye

ar

JS

A8

C9

09

61

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

25

COMBINED

-1,194,058.

213,654.

-980,404.

---------------

1.

---------------

1.

-980,405.

---------------

===============

KNIGHTHOUSE MEDIA

INC. ELIMINATIONS

---------------

---------------

---------------

===============

ADJUSTMENTS

---------------

---------------

---------------

===============

KNIGHTHOUSE MEDIA

INC. AND

SUBSIDIARY

-1,194,058.

213,654.

-980,404.

---------------

1.

---------------

1.

-980,405.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sc

h.

M1

an

dM

-2S

um

ma

ry

Sc

he

du

leM

-1

1N

et

inco

me

per

books

2F

ed

era

lIn

com

eT

ax

3E

xces

sC

ap

italL

osses

4In

co

me

Su

bje

ct

toT

ax

not

on

Books

5E

xpen

ses

Record

ed

on

Books

no

tD

ed

ucte

don

Retu

rn

aD

ep

recia

tion

bC

ha

rita

ble

Con

trib

ution

s

cT

rave

lan

dE

nte

rtain

men

t

Oth

er

6T

ota

lL

ines

1-5

7In

co

me

Record

ed

on

Books

no

tIn

clu

ded

on

Retu

rn

aT

ax-

exe

mp

tIn

tere

st

Oth

er

8D

ed

ucti

on

son

Retu

rnn

ot

on

Books

aD

ep

recia

tion

bC

ha

rita

ble

Con

trib

ution

s

Oth

er

9T

ota

lL

ines

7an

d8

10

Inco

me

(Lin

e2

8,

Pag

e1

)

Sc

he

du

leM

-2

1B

ala

nce

at

beg

inn

ing

ofye

ar

2N

et

Incom

ep

er

Books

3O

ther

Incre

ases

4T

ota

lL

ine

1-3

5D

istr

ibu

tion

s

aC

ash

bS

tock

cP

rop

ert

y

6O

ther

Decre

ases

7T

ota

llin

es

5an

d6

8B

ala

nce

at

en

dofye

ar

JS

A8

C9

09

61

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

26

KNIGHTHOUSE MEDIA

INC.

45-2805739

-1,100,471.

213,676.

-886,795.

---------------

1.

---------------

1.

-886,796.

---------------

===============

IDEAL MEDIA GROUP

INC

46-3668071

-93,587.

-22.

-93,609.

---------------

---------------

-93,609.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sc

he

du

leM

-3,

Part

IIIn

co

me

(loss)

from

eq

uity

meth

od

fore

ign

corp

.G

ross

fore

ign

div

iden

ds

not

pre

viou

sly

taxe

dS

ubpar

tF

,Q

EF

,an

dsi

mila

rin

co

me

incl

usi

on

s

1 2 3 4 5 6 7 8 9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

23

23

23

23

23

23

24

25

26

27

28

29

a

29

b

29

c

Gro

ss-u

pfo

rfo

reig

nta

xes

deem

ed

paid

Gro

ss

fore

ign

dis

trib

.p

revi

ou

sly

taxe

dIn

co

me

(loss)

from

eq

uity

meth

od

U.S

.corp

.U

.S.

div

iden

ds

not

elim

inate

din

tax

co

nso

lidatio

n

Min

ori

tyin

tere

st

for

incl

ud

ible

corp

.

Inco

me

(loss

)fr

om

U.S

.p

art

ners

hip

s

Inco

me

(loss

)fr

om

fore

ign

part

ners

hip

sIn

co

me

(loss

)fr

om

oth

er

pass-

thro

ug

he

ntitie

s

Ite

ms

rela

tin

gto

rep

ort

ab

letr

an

sactio

ns

Inte

rest

incom

e

To

tal

acc

rualto

cash

ad

just

men

t

He

dg

ing

tran

sact

ion

s

Ma

rk-t

o-m

ark

et

inco

me

(loss)

Co

st

of

good

ssold

Sal

es

vers

us

lease

Se

cti

on

481(a

)ad

justm

en

ts

Un

ea

rne

d/d

efe

rred

reve

nu

e

Inco

me

reco

gn

itio

nfr

om

lon

g-t

erm

co

ntr

acts

Ori

gin

al

issu

ed

iscou

nt/

imp

ute

din

tere

st

Inco

me

sta

tem

en

tg

ain

/loss

on

sale

,e

xch

an

ge,

or

ab

an

don

men

ta b c d e f g

Gro

ssca

p.

gain

sfr

om

Sch

.D

,exc

lud

ing

am

ou

nt

from

pass

-th

rou

gh

en

titie

sG

ross

cap

.lo

sses

from

Sch

.D

,exc

.p

ass

-th

rou

gh

en

t.,

ab

an

don

men

t,w

ort

hle

sssto

ck

Ne

tg

ain

/lo

ss

rep

ort

ed

on

Form

4797

Ab

an

don

men

tlo

sses

Wort

hle

sssto

cklo

sses

Oth

er

ga

in/l

oss

on

dis

positi

on

of

ass

ets

oth

er

tha

nin

ven

tory

Ca

pit

al

loss

lim

itatio

nan

dca

rryf

orw

ard

use

d

Oth

er

incom

e(l

oss

)ite

ms

with

dif

fere

nces

To

tal

inco

me

(lo

ss)

item

s

To

tal

exp

en

se/d

ed

ucti

on

item

s

Oth

er

ite

ms

with

no

diff

ere

nces

11

20

su

bg

rou

pre

co

nci

liatio

nto

tals

PC

insu

ran

cesu

bg

rou

pre

con

cilia

tion

tota

ls

Lif

ein

su

ran

ce

su

bg

rou

pre

con

cilia

tion

tota

ls

30

Reco

ncil

iati

on

tota

ls

JS

A8

C8

04

22

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

27

COMBINED

TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

110.

110.

4,663,080.

4,143.

4,658,937.

5,247,410.

5,247,410.

-370,786.

===============

-164,423.

===============

10,110.

===============

-525,099.

===============

-4,662,970.

===============

4,143.

===============

===============

-4,658,827.

===============

213,654.

-160,280.

10,110.

63,484.

213,654.

---------------

===============

-160,280.

---------------

===============

10,110.

---------------

===============

63,484.

---------------

===============

KNIGHTHOUSE MEDIA INC. ELIMINATIONS

TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

===============

===============

===============

===============

===============

===============

===============

===============

---------------

===============

---------------

===============

---------------

===============

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sc

he

du

leM

-3,

Part

IIIn

co

me

(loss)

from

eq

uity

meth

od

fore

ign

corp

.G

ross

fore

ign

div

iden

ds

not

pre

viou

sly

taxe

dS

ubpar

tF

,Q

EF

,an

dsi

mila

rin

co

me

incl

usi

on

s

1 2 3 4 5 6 7 8 9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

23

23

23

23

23

23

24

25

26

27

28

29

a

29

b

29

c

Gro

ss-u

pfo

rfo

reig

nta

xes

deem

ed

paid

Gro

ss

fore

ign

dis

trib

.p

revi

ou

sly

taxe

dIn

co

me

(loss)

from

eq

uity

meth

od

U.S

.corp

.U

.S.

div

iden

ds

not

elim

inate

din

tax

co

nso

lidatio

n

Min

ori

tyin

tere

st

for

incl

ud

ible

corp

.

Inco

me

(loss

)fr

om

U.S

.p

art

ners

hip

s

Inco

me

(loss

)fr

om

fore

ign

part

ners

hip

sIn

co

me

(loss

)fr

om

oth

er

pass-

thro

ug

he

ntitie

s

Ite

ms

rela

tin

gto

rep

ort

ab

letr

an

sactio

ns

Inte

rest

incom

e

To

tal

acc

rualto

cash

ad

just

men

t

He

dg

ing

tran

sact

ion

s

Ma

rk-t

o-m

ark

et

inco

me

(loss)

Co

st

of

good

ssold

Sal

es

vers

us

lease

Se

cti

on

481(a

)ad

justm

en

ts

Un

ea

rne

d/d

efe

rred

reve

nu

e

Inco

me

reco

gn

itio

nfr

om

lon

g-t

erm

co

ntr

acts

Ori

gin

al

issu

ed

iscou

nt/

imp

ute

din

tere

st

Inco

me

sta

tem

en

tg

ain

/loss

on

sale

,e

xch

an

ge,

or

ab

an

don

men

ta b c d e f g

Gro

ssca

p.

gain

sfr

om

Sch

.D

,exc

lud

ing

am

ou

nt

from

pass

-th

rou

gh

en

titie

sG

ross

cap

.lo

sses

from

Sch

.D

,exc

.p

ass

-th

rou

gh

en

t.,

ab

an

don

men

t,w

ort

hle

sssto

ck

Ne

tg

ain

/lo

ss

rep

ort

ed

on

Form

4797

Ab

an

don

men

tlo

sses

Wort

hle

sssto

cklo

sses

Oth

er

ga

in/l

oss

on

dis

positi

on

of

ass

ets

oth

er

tha

nin

ven

tory

Ca

pit

al

loss

lim

itatio

nan

dca

rryf

orw

ard

use

d

Oth

er

incom

e(l

oss

)ite

ms

with

dif

fere

nces

To

tal

inco

me

(lo

ss)

item

s

To

tal

exp

en

se/d

ed

ucti

on

item

s

Oth

er

ite

ms

with

no

diff

ere

nces

11

20

su

bg

rou

pre

co

nci

liatio

nto

tals

PC

insu

ran

cesu

bg

rou

pre

con

cilia

tion

tota

ls

Lif

ein

su

ran

ce

su

bg

rou

pre

con

cilia

tion

tota

ls

30

Reco

ncil

iati

on

tota

ls

JS

A8

C8

04

22

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

28

ADJUSTMENTS

TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

===============

===============

===============

===============

===============

===============

===============

===============

---------------

===============

---------------

===============

---------------

===============

---------------

===============


TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

110.

110.

4,663,080.

4,143.

4,658,937.

5,247,410.

5,247,410.

-370,786.

===============

-164,423.

===============

10,110.

===============

-525,099.

===============

-4,662,970.

===============

4,143.

===============

===============

-4,658,827.

===============

213,654.

-160,280.

10,110.

63,484.

213,654.

---------------

===============

-160,280.

---------------

===============

10,110.

---------------

===============

63,484.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sc

he

du

leM

-3,

Part

III

1 2 3 4 5 6 7 8 9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

30

31

32

33

34

35

36

37

38

39

U.S

.cu

rren

tin

com

eta

xexp

.

U.S

.d

efe

rred

incom

eta

xexp

.

Sta

tea

nd

loca

lcu

rren

tin

com

eta

xexp

.

Sta

tea

nd

loca

ld

efe

rred

inco

me

tax

exp

.

Fo

reig

ncu

rren

tin

com

eta

xexp

.

Fo

reig

nd

efe

rred

inco

me

tax

exp

.

Fo

reig

nw

ithh

old

ing

taxe

s

Inte

rest

exp

en

se

Sto

ck

op

tion

exp

en

se

Oth

er

eq

uity

-base

dcom

pen

satio

n

Me

als

an

den

tert

ain

men

t

Fin

es

an

dp

en

altie

s

Ju

dg

men

ts,

dam

ag

es,

aw

ard

s,

an

dsi

mila

rcosts

Para

chu

tep

aym

en

ts

Co

mp

en

sa

tio

nw

ith

sect

.162(m

)lim

itation

Pe

nsi

on

an

dp

rofit

-sh

arin

g

Oth

er

po

st-r

etir

em

en

tb

en

efit

s

De

ferr

ed

com

pen

sation

Ch

ari

tab

leco

ntr

ibu

tion

-ca

sh/t

an

gib

les

Ch

ari

tab

lecon

trib

utio

n-

inta

ng

ible

Ch

ari

tab

leco

ntr

ibu

tio

nlim

ita

tion

/carr

yforw

ard

Do

me

sti

cp

rod

uction

act

ivitie

sd

ed

uctio

nC

urr

en

tye

ar

acq

uis

ition

or

reorg

.in

vestm

en

tb

an

kin

gfe

es

Cu

rre

nt

ye

ar

acq

uis

ition

or

reorg

.le

galan

dacc

ou

ntin

gfe

es

Cu

rre

nt

ye

ar

acq

uis

ition

/reorg

.oth

er

cost

s

Am

ort

iza

tio

n/i

mp

air

me

nt

of

go

od

will

Am

ort

iza

tio

no

fa

cqu

isiti

on

an

dre

org

.

Oth

er

am

ort

.o

rim

pairm

en

tw

rite

-off

s

De

ple

tion

De

pre

cia

tion

Bad

deb

texp

en

se

Co

rpo

rate

ow

ne

dlif

ein

sura

nce

pre

miu

ms

Purc

hase

vers

us

lease

Re

searc

han

dd

eve

lop

men

tco

sts

Se

cti

on

11

8exc

lusi

on

Se

cti

on

16

2(r

)-

FD

ICpre

miu

ms

paid

by

cert

ain

larg

efi

na

ncia

lin

sti

tuti

ons

(see

instr

uct

ions)

Oth

er

exp

en

se

/de

d.

item

sw

ithd

iffer.

To

tal

exp

en

se/d

ed

ucti

on

item

s

JS

A8

C8

04

43

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

29

COMBINED

TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

1,492.

-236.

1,256.

24,598.

24,598.

15,527.

-8,935.

6,592.

14,476.

14,476.

104,932.

-72,835.

32,097.

-221,303.

287,718.

66,415.

445,540.

-64,700.

-1,175.

379,665.

370,786.

---------------

===============

164,423.

---------------

===============

-10,110.

---------------

===============

525,099.

---------------

===============


TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

---------------

===============

---------------

===============

---------------

===============

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Sc

he

du

leM

-3,

Part

III

1 2 3 4 5 6 7 8 9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

30

31

32

33

34

35

36

37

38

39

U.S

.cu

rren

tin

com

eta

xexp

.

U.S

.d

efe

rred

incom

eta

xexp

.

Sta

tea

nd

loca

lcu

rren

tin

com

eta

xexp

.

Sta

tea

nd

loca

ld

efe

rred

inco

me

tax

exp

.

Fo

reig

ncu

rren

tin

com

eta

xexp

.

Fo

reig

nd

efe

rred

inco

me

tax

exp

.

Fo

reig

nw

ithh

old

ing

taxe

s

Inte

rest

exp

en

se

Sto

ck

op

tion

exp

en

se

Oth

er

eq

uity

-base

dcom

pen

satio

n

Me

als

an

den

tert

ain

men

t

Fin

es

an

dp

en

altie

s

Ju

dg

men

ts,

dam

ag

es,

aw

ard

s,

an

dsi

mila

rcosts

Para

chu

tep

aym

en

ts

Co

mp

en

sa

tio

nw

ith

sect

.162(m

)lim

itation

Pe

nsi

on

an

dp

rofit

-sh

arin

g

Oth

er

po

st-r

etir

em

en

tb

en

efit

s

De

ferr

ed

com

pen

sation

Ch

ari

tab

leco

ntr

ibu

tion

-ca

sh/t

an

gib

les

Ch

ari

tab

lecon

trib

utio

n-

inta

ng

ible

Ch

ari

tab

leco

ntr

ibu

tio

nlim

ita

tion

/carr

yforw

ard

Do

me

sti

cp

rod

uction

act

ivitie

sd

ed

uctio

nC

urr

en

tye

ar

acq

uis

ition

or

reorg

.in

vestm

en

tb

an

kin

gfe

es

Cu

rre

nt

ye

ar

acq

uis

ition

or

reorg

.le

galan

dacc

ou

ntin

gfe

es

Cu

rre

nt

ye

ar

acq

uis

ition

/reorg

.oth

er

cost

s

Am

ort

iza

tio

n/i

mp

air

me

nt

of

go

od

will

Am

ort

iza

tio

no

fa

cqu

isiti

on

an

dre

org

.

Oth

er

am

ort

.o

rim

pairm

en

tw

rite

-off

s

De

ple

tion

De

pre

cia

tion

Bad

deb

texp

en

se

Co

rpo

rate

ow

ne

dlif

ein

sura

nce

pre

miu

ms

Purc

hase

vers

us

lease

Re

searc

han

dd

eve

lop

men

tco

sts

Se

cti

on

11

8exc

lusi

on

Se

cti

on

16

2(r

)-

FD

ICpre

miu

ms

paid

by

cert

ain

larg

efi

na

ncia

lin

sti

tuti

ons

(see

instr

uct

ions)

Oth

er

exp

en

se

/de

d.

item

sw

ithd

iffer.

To

tal

exp

en

se/d

ed

ucti

on

item

s

JS

A8

C8

04

43

.00

0


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

30

ADJUSTMENTS

TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

---------------

===============

---------------

===============

---------------

===============

---------------

===============


TEMPORARY

---------------

PERMANENT

---------------

PER INC STMT

---------------

PER TAX RETURN

---------------

1,492.

-236.

1,256.

24,598.

24,598.

15,527.

-8,935.

6,592.

14,476.

14,476.

104,932.

-72,835.

32,097.

-221,303.

287,718.

66,415.

445,540.

-64,700.

-1,175.

379,665.

370,786.

---------------

===============

164,423.

---------------

===============

-10,110.

---------------

===============

525,099.

---------------

===============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

SCHEDULE M-3, PART III DETAIL

LINE 38 - OTHER EXP / DED ITEMS WITH DIFFERENCES

------------------------------------------------

RENT

PREPAID MAINTENANCE EXPENSE

DUES AND SUBSCRIPTIONS

TOTAL

31

COMBINED

-----------------------------------------------------------

TEMPORARY

--------------

PERMANENT

--------------

PER INC STMT

--------------

PER TAX RETURN

--------------

444,365.

389,702.

-10,037.

1,175.

-54,663.

-10,037.

-1,175.

-64,700.

--------------

==============

-1,175.

--------------

==============

445,540.

--------------

==============

379,665.

--------------

==============


-----------------------------------------------------------

TEMPORARY

--------------

PERMANENT

--------------

PER INC STMT

--------------

PER TAX RETURN

--------------

--------------

==============

--------------

==============

--------------

==============

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================



------------------------------------------------

RENT



TOTAL

32

ADJUSTMENTS

-----------------------------------------------------------

TEMPORARY

--------------

PERMANENT

--------------

PER INC STMT

--------------

PER TAX RETURN

--------------

--------------

==============

--------------

==============

--------------

==============

--------------

==============


-----------------------------------------------------------

TEMPORARY

--------------

PERMANENT

--------------

PER INC STMT

--------------

PER TAX RETURN

--------------

444,365.

389,702.

-10,037.

1,175.

-54,663.

-10,037.

-1,175.

-64,700.

--------------

==============

-1,175.

--------------

==============

445,540.

--------------

==============

379,665.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================



------------------------------------------------

RENT



TOTAL

33


45-2805739

-----------------------------------------------------------

TEMPORARY

--------------

PERMANENT

--------------

PER INC STMT

--------------

PER TAX RETURN

--------------

-54,663.

-10,037.

-1,175.

444,365.

389,702.

-10,037.

1,175.

-64,700.

--------------

==============

-1,175.

--------------

==============

445,540.

--------------

==============

379,665.

--------------

==============


46-3668071

-----------------------------------------------------------

TEMPORARY

--------------

PERMANENT

--------------

PER INC STMT

--------------

PER TAX RETURN

--------------

--------------

==============

--------------

==============

--------------

==============

--------------

==============


Co

ns

oli

da

ted

Sch

ed

ule

s

Co

st

of

Go

od

sS

old

1In

ve

nto

ry-

beg

inn

ing

2P

urc

hase

s

3C

ost

ofL

ab

or

4A

dd

tl.

26

3A

Costs

5O

ther

Cost

s

6T

ota

l

7In

ven

tory

-E

nd

ing

8C

ost

ofG

ood

sS

old

JS

A

8C

90

93

1.0

00


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

34

COMBINED

---------------

2,593,605.

2,065,332.

4,658,937.

---------------

4,658,937.

---------------

===============

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

---------------

---------------

---------------

===============

ADJUSTMENTS

---------------

---------------

---------------

===============

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

---------------

2,593,605.

2,065,332.

4,658,937.

---------------

4,658,937.

---------------

===============


Co

ns

oli

da

ted

Sch

ed

ule

s

Co

st

of

Go

od

sS

old

1In

ve

nto

ry-

beg

inn

ing

2P

urc

hase

s

3C

ost

ofL

ab

or

4A

dd

tl.

26

3A

Costs

5O

ther

Cost

s

6T

ota

l

7In

ven

tory

-E

nd

ing

8C

ost

ofG

ood

sS

old

JS

A

8C

90

93

1.0

00


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

45-2805739

STATEMENT

35

KNIGHTHOUSE

MEDIA INC.

45-2805739

---------------

2,593,605.

2,065,332.

4,658,937.

---------------

4,658,937.

---------------

===============

IDEAL MEDIA

GROUP INC

46-3668071

---------------

---------------

---------------

===============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

FORM 1125-A DETAIL

LINE 5 - OTHER COST OF GOODS SOLD

---------------------------------

EMPLOYMENT TAXES

EMPLOYEE BENEFITS

COMMISSIONS

MISCELLANEOUS

PRINTING EXPENSE

POSTAGE

REPRINT

PAPER

CUSTOM SALES EXPENSE

TOTAL

36

COMBINED

--------------

366,190.

165,977.

879,291.

282,675.

242,090.

37,701.

33,146.

54,144.

4,118.

2,065,332.

--------------

==============

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

--------------

--------------

==============

ADJUSTMENTS

--------------

--------------

==============

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

--------------

366,190.

165,977.

879,291.

282,675.

242,090.

37,701.

33,146.

54,144.

4,118.

2,065,332.

--------------

==============



45-2805739

45-2805739

2799HT

L073

05/12/2020

15:38:31

V18-7.19

STATEMENT

=============================================

FORM 1125-A DETAIL

LINE 5 - OTHER COST OF GOODS SOLD

---------------------------------

EMPLOYMENT TAXES

EMPLOYEE BENEFITS

COMMISSIONS

MISCELLANEOUS

PRINTING EXPENSE

POSTAGE

REPRINT

PAPER

CUSTOM SALES EXPENSE

TOTAL

37

KNIGHTHOUSE

MEDIA INC.

45-2805739

--------------

366,190.

165,977.

879,291.

282,675.

242,090.

37,701.

33,146.

54,144.

4,118.

2,065,332.

--------------

==============

IDEAL MEDIA

GROUP INC

46-3668071

--------------

--------------

==============



==============================================================================================

2799HT L073 05/12/2020 15:38:31 V18-7.19 45-2805739

STATEMENT

FORM 1125-E DETAIL

NAME SOC SEC # % BUS % COM % PREF AMOUNT----------------------------------------------------------------------------------------------

38

COMPENSATION OF OFFICERS========================

KNIGHTHOUSE MEDIA INC.---------------------------------------------CHRISTOPHER SCHOFIELD 100.000 154,440.

TOTAL - COMPENSATION OF OFFICERS 154,440.------------

------------

COMPENSATION OF OFFICERS DEDUCTED ON TAX RETURN 154,440.============


Co

ns

oli

da

ted

Sc

he

du

les

-F

orm

4562

Co

ns

oli

da

ted

45

62

Su

mm

ary

Pa

rtI

-S

ec

tio

n1

79

Exp

en

se

2 6 7 8 9 10

12

13

Se

c1

79

pro

pe

rty

pla

ce

din

Se

rvic

ein

cu

rren

tye

ar

No

nliste

dp

rop

ert

y

Lis

ted

pro

pert

y

To

tal

ele

cte

dcost

Te

nta

tive

de

du

ction

Ca

rryo

ve

rfr

om

20

16

Se

c1

79

exp

en

se

de

du

ction

Ca

rryo

ve

rto

20

18

Pa

rtII

-O

the

rD

ep

recia

tio

n

14

15

16

Sp

ecia

ld

ep

recia

tio

na

llow

an

ce

Pro

pe

rty

su

bje

ct

to1

68

(f)(

1)

AC

RS

an

do

the

rdepre

cia

tion

Pa

rtII

I-

MA

CR

S

17

19

MA

CR

Sd

ed

uction

-pri

or

years

Ge

ne

ral

De

pre

cia

tion

Sys

tem

a.

b.

c.

d.

e.

f. g.

h.

i.

3-y

ea

rp

ropert

y

5-y

ea

rp

ropert

y

7-y

ea

rp

ropert

y

10

-ye

ar

pro

pert

y

15

-ye

ar

pro

pert

y

20

-ye

ar

pro

pert

y

25

-ye

ar

pro

pert

y

27

.5-y

ea

rre

sid

en

tialre

al

39

-ye

ar

no

nre

sid

en

tialre

al

20

Alt

ern

ati

ve

De

pre

cia

tion

Sys

tem

a.

b.

c.

d.

Cla

ss

life

12

-year

30

-year

40

-year

Pa

rtIV

-S

um

mary

21

22

42

43

44

Lis

ted

Pro

pert

y

To

tal

de

pre

cia

tio

n

Am

ort

iza

tio

n-

cu

rren

tye

ar

Am

ort

iza

tio

n-

pri

or

year

To

tal

Am

ort

izati

on

JS

A

8C

91

23

2.0

00


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

STATEMENT

39

COMBINED

17,420.

6,792.

32,097.

7,885.

14,476.

14,476.

KNIGHTHOUSE

MEDIA INC.

ELIMINATIONS

ADJUSTMENTS

KNIGHTHOUSE

MEDIA INC. AND

SUBSIDIARY

17,420.

6,792.

32,097.

7,885.

14,476.

14,476.


Co

ns

oli

da

ted

Sc

he

du

les

-F

orm

4562

Co

ns

oli

da

ted

45

62

Su

mm

ary

Pa

rtI

-S

ec

tio

n1

79

Exp

en

se

2 6 7 8 9 10

12

13

Se

c1

79

pro

pe

rty

pla

ce

din

Se

rvic

ein

cu

rren

tye

ar

No

nliste

dp

rop

ert

y

Lis

ted

pro

pert

y

To

tal

ele

cte

dcost

Te

nta

tive

de

du

ction

Ca

rryo

ve

rfr

om

20

16

Se

c1

79

exp

en

se

de

du

ction

Ca

rryo

ve

rto

20

18

Pa

rtII

-O

the

rD

ep

recia

tio

n

14

15

16

Sp

ecia

ld

ep

recia

tio

na

llow

an

ce

Pro

pe

rty

su

bje

ct

to1

68

(f)(

1)

AC

RS

an

do

the

rdepre

cia

tion

Pa

rtII

I-

MA

CR

S

17

19

MA

CR

Sd

ed

uction

-pri

or

years

Ge

ne

ral

De

pre

cia

tion

Sys

tem

a.

b.

c.

d.

e.

f. g.

h.

i.

3-y

ea

rp

ropert

y

5-y

ea

rp

ropert

y

7-y

ea

rp

ropert

y

10

-ye

ar

pro

pert

y

15

-ye

ar

pro

pert

y

20

-ye

ar

pro

pert

y

25

-ye

ar

pro

pert

y

27

.5-y

ea

rre

sid

en

tialre

al

39

-ye

ar

no

nre

sid

en

tialre

al

20

Alt

ern

ati

ve

De

pre

cia

tion

Sys

tem

a.

b.

c.

d.

Cla

ss

life

12

-year

30

-year

40

-year

Pa

rtIV

-S

um

mary

21

22

42

43

44

Lis

ted

Pro

pert

y

To

tal

de

pre

cia

tio

n

Am

ort

iza

tio

n-

cu

rren

tye

ar

Am

ort

iza

tio

n-

pri

or

year

To

tal

Am

ort

izati

on

JS

A

8C

91

23

2.0

00


05/12/2020

2799HT

L073

15:38:31

V18-7.19

45-2805739

STATEMENT

40

KNIGHTHOUSE

MEDIA INC.

45-2805739

17,420.

6,792.

32,097.

7,885.

14,284.

14,284.

IDEAL MEDIA

GROUP INC

46-3668071

192.

192.



2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739

======================================================================================================================================

STATEMENT 41

FORM 7004 - AFFILIATED GROUP MEMBERS

NAME

---------------------------------------------

EMPLOYER ID

-----------

NAME

---------------------------------------------

EMPLOYER ID

-----------

KNIGHTHOUSE MEDIA INC. 45-2805739 IDEAL MEDIA GROUP INC. 46-3668071


FORM 8916-A, PART I DETAIL


45-2805739

=========================================================================================================================

2799HT

L073

05/12/2020

15:38:31

V18-7.19

45-2805739

STATEMENT

DESCRIPTION

PER INCOME STMT

TEMPORARY

DIFFERENCE

PERMANENT

DIFFERENCE

PER TAX RETURN

---------------------------------------------------------------------

----------------------------------------------------

42

LINE 6 - OTHER ITEMS WITH DIFFERENCES

-------------------------------------


---------------------------------------------

COST OF LABOR

2,597,748.

-4,143.

2,593,605.

SUBTOTAL

2,597,748.

---------------

---------------

-4,143.

---------------

---------------

---------------

---------------

2,593,605.

---------------

---------------

TOTAL

2,597,748.

===============

-4,143.

===============

===============

2,593,605.

===============


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT

FORM 8916-A, PART I DETAIL

43

LINE 7 - OTHER ITEMS WITH NO DIFFERENCES----------------------------------------

KNIGHTHOUSE MEDIA INC.---------------------------------------------OTHER ITEMS WITH NO DIFFERENCES 2,065,332.

SUBTOTAL 2,065,332.---------------

---------------

TOTAL 2,065,332.===============


FORM 8916-A, PART II DETAIL


45-2805739

=========================================================================================================================

2799HT

L073

05/12/2020

15:38:31

V18-7.19

45-2805739

STATEMENT

DESCRIPTION

PER INCOME STMT

TEMPORARY

DIFFERENCE

PERMANENT

DIFFERENCE

PER TAX RETURN

---------------------------------------------------------------------

----------------------------------------------------

44

LINE 5 - OTHER INTEREST INCOME

------------------------------


---------------------------------------------

OTHER INTEREST INCOME

110.

110.

SUBTOTAL

110.

---------------

---------------

---------------

---------------

---------------

---------------

110.

---------------

---------------

TOTAL

110.

===============

===============

===============

110.

===============


FORM 8916-A, PART III DETAIL


45-2805739

=========================================================================================================================

2799HT

L073

05/12/2020

15:38:31

V18-7.19

45-2805739

STATEMENT

DESCRIPTION

PER INCOME STMT

TEMPORARY

DIFFERENCE

PERMANENT

DIFFERENCE

PER TAX RETURN

---------------------------------------------------------------------

----------------------------------------------------

45

LINE 4 - OTHER INTEREST EXPENSE

-------------------------------


---------------------------------------------

OTHER INTEREST EXPENSE

24,598.

24,598.

SUBTOTAL

24,598.

---------------

---------------

---------------

---------------

---------------

---------------

24,598.

---------------

---------------

TOTAL

24,598.

===============

===============

===============

24,598.

===============


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT

CONSOLIDATED CROSSTIE INDEX

CROSSTIE CODES--------------

DESCRIPTIONS USED IN RETURN---------------------------

46

TAXES EXCLUDING INCOME TAXES----------------------------

003 EMPLOYMENT TAXES004 OTHER TAXES


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT




47

TAXES (STATE AND LOCAL)-----------------------

081 STATE INCOME TAXES


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT




48

OTHER DEDUCTIONS----------------

002 WEBSITE FEES003 COMPUTER/IT004 BANK/CREDIT FEES005 RECRUITING006 CLEANER/MAINTENANCE007 PAYROLL PROCESS EXPENSE009 CONSULTING011 REFRESHMENTS013 OFFICE EXPENSES014 EDIT AND ART EXPENSES015 EQUIPMENT RENTAL088 INSURANCE089 UTILITIES AND TELEPHONE090 VEHICLE EXPENSE091 LEGAL AND ACCOUNTING092 MISCELLANEOUS EXPENSE094 OFFICE SUPPLIES095 POSTAGE AND SUPPLIES43A TRAVEL, MEALS AND ENTERTAINMENT44A AMORTIZATION


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT




49

OTHER COSTS OF GOODS SOLD-------------------------

002 EMPLOYMENT TAXES003 EMPLOYEE BENEFITS004 COMMISSIONS005 MISCELLANEOUS007 PRINTING EXPENSE008 POSTAGE009 REPRINT010 PAPER012 CUSTOM SALES EXPENSE


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT




50

OTHER CURRENT ASSETS--------------------

002 PREPAID EXPENSE003 DEPOSITS005 INTERCOMPANY RECEIVABLE009 OTHER CURRENT ASSETS


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT




51

OTHER CURRENT LIABILITIES-------------------------

002 OTHER ACCRUED EXPENSES004 DEFERRED REVENUE009 ACCRUED PAYROLL TAX012 DEFERRED RENT013 FEDERAL TAX PAYABLE015 INTERCOMPANY PAYABLE


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT




52

EXPENSES ON BOOKS NOT IN RETURN-------------------------------

004 ACCRUED VACATION EXPENSE006 RENT EXPENSE009 LOAN INTEREST PAID61B BAD DEBTS


2799HT L073 05/12/2020 15:38:31 V18-7.19F 45-2805739


==============================================================================

STATEMENT




53

DEDUCTIONS IN RETURN NOT ON BOOKS---------------------------------

003 PREPAID MAINTENANCE EXPENSE004 STATE TAXES63C AMORTIZATION


Official Form 201 Voluntary Petition for Non-Individuals Filing for … · 2 days ago · Commodity...

Documents

Transcript of Official Form 201 Voluntary Petition for Non-Individuals Filing for … · 2 days ago · Commodity...