|
Lease
years ended December 31: |
2000 |
1999 |
1998 |
|
Gross sales
as reported to landlord |
$1,701,635 |
$1,698,922 |
$1,699,842 |
|
Under-reported/ (over-reported) sales per examination |
48,335 |
47,220 |
39,891 |
|
Correct
gross sales |
$1,749,970 |
$1,746,142 |
$1,739,733 |
|
Base |
1,620,000 |
1,620,000 |
1,620,000 |
|
Sales
subject to percentage rent |
$129,970 |
$126,142 |
$119,733 |
|
Percentage
rent factor |
4% |
4% |
4% |
|
Total
percentage rent |
$5,199 |
$5,046 |
$4,789 |
|
Percentage
rent previously billed/paid and offsets |
3,265 |
3,157 |
3,194 |
|
Percentage
rent due/(overbilled/paid) |
$1,934 |
$1,889 |
$1,595 |
|
Summary: |
|
Additional
percentage rent due |
$5,418 |
|
Recovery of
examination fee as provided for by lease |
650 |
|
Total
monies due Landlord |
$6,068 |
|
