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<br />RECEIve..... <br /> <br />AUG 1 9 2005 <br /> <br />. <br /> <br />CITY OF ARDEN HILLS <br />CLASS B GAMBLING SITES <br /> <br />CITY OF ARDEN HILLS <br /> <br />MN USA WRESTLING <br />LOCATION: BLUE FOX <br /> <br />REPORT OF 10% REQUIREMENT <br /> <br />FOR JULY 2005 <br /> <br />Ten percent (10%) of Net Profit Calculation <br /> <br />Net Receipts (Above) <br /> <br />22,743.00 <br /> <br />. <br /> <br />Less: <br /> <br />Allowable Expenses (Lines 22 - 33) <br />1.7%-Pull Tab Tax Paid to Distributor <br />Unsold Ticket Refund <br />Combined Receipts Tax - % of total paid <br />8.5 % State Tax <br />Regulatory Fee (Line 12) <br /> <br />9,829.89 <br />1,910.49 <br />0.00 <br />0.00 <br />0.00 <br />116.07 <br /> <br />Total Deductions <br /> <br />d) <br /> <br />11,856.45 <br /> <br />e) Net Profit <br /> <br />e) <br /> <br />10,886.55 <br /> <br />10% Due with Tax Return <br /> <br />1,088.66 <br /> <br />. <br />