MICOR Computation - Corrected

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MICOR, GERARDO (2)

INVESTMENT 900,000.00

METROPOLIS LOT 110sqm


CALMAR PRICE 10,000. per sqm

LOT VALUATION BY MMS 8,000 per sqm

Calmar Price 1,100,000.00


Lot Valuation by MMS - 880,000.00
Unrealized Profit 220,000.00

Investment 900,000.00
Lot Valuation (110 sqm x P 8,000.) - 880,000.00

CASH TO BE GIVEN 20,000.00

INTEREST RECEIVED FROM YEARS 2000 TO 2019


( earlier years 1996 - 1999 not yet included)
YEAR
2000 47,395.00
2001 33,400.00
2002 38,399.96
2003 39,838.83
2004 46,099.98
2005 66,608.32
2006 97,774.99
2007 91,906.98
2008 100,686.12
2009 109,500.00
2010 45,300.00
2011 45,333.32
2012 61,000.00
2013 57,766.68
2014 48,666.64
2015 63,206.64
2016 73,200.00
2017 68,400.00
2018 44,274.97

Interest 1,178,758.43
Tax - 58,937.92
1,119,820.51
2019 (2019 net of tax) 17,546.25
Net of Interest Paid from the Years 2000-2019 1,137,366.76

SUMMARY :
CALMAR LOT 1,100,000.00
CASH TO BE GIVEN 20,000.00
INTEREST ALREADY PAID (earlier years prior to
year 2000 not yet included) 1,137,366.76
2,257,366.76
INVESTMENT (900,000.00)
TOTAL PROFIT FROM MMS 1,357,366.76

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