Cost Analysis

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=65 BGCOLOR="#666699" TEXT="#080000" bgproperties="fixed" background="04e00840erlcjm.png"> <div> <FONT SIZE="4" COLOR="#FFFFFF" FACE="Arial" ><B>Cost Analysis</B></FONT><B>   |     </B><A HREF="index.htm" TARGET="_top" TITLE="Mark Felling.com Dont let life pass you"><B>home</B></A></div> <div> <A HREF="id383.htm" TARGET="_top" TITLE="Dragonfly">Dragonfly</A>   |   <A HREF="id365.htm" TARGET="_top" TITLE="BD4">BD-4</A>   |   <A HREF="id364.htm" TARGET="_top" TITLE="Start Flying Truth of expense!">Start Flying - Truth of expense!</A>   |   <A HREF="id374.htm" TARGET="_top" TITLE="Aviation Links">Aviation Links</A>   |   <A HREF="id385.htm" TARGET="_top" TITLE="Build a powered model airplane for FREE!">Build a powered model airplane for FREE!</A>   |   <B>Cost Analysis</B>   |   <A HREF="aviation_links.htm" TARGET="_top" TITLE="Marks Aviation Links">Mark's Aviation Links</A></div> <div> </div> </td> </tr><tr> <td valign="top" width=150 BGCOLOR="#CCCCFF" TEXT="#080000" background="04811c00egdysm.png"> <bR> <div> <A HREF="id367_m.htm#private_homebuilt_airplane_operations" TARGET="TRLX_Middle" TITLE="Cost Analysis"><B>Private Homebuilt Airplane Operations</B></A></div> <div> <B>    </B><A HREF="id367_m.htm#dragonfly_vw" TARGET="TRLX_Middle" TITLE="Cost Analysis"><B>Dragonfly VW</B></A></div> <div> <B>   </B><A HREF="id367_m.htm#ch_601_ly0235" TARGET="TRLX_Middle" TITLE="Cost Analysis"><B>CH 601 Ly0235</B></A></div> <div> <B>   </B><A HREF="id367_m.htm#rv_7a" TARGET="TRLX_Middle" TITLE="Cost Analysis"><B>RV 7A</B></A></div> <div> <B>   </B><A HREF="id367_m.htm#sonex" TARGET="TRLX_Middle" TITLE="Cost Analysis"><B>Sonex</B></A></div> <div> <B>   </B><A HREF="id367_m.htm#bd_4" TARGET="TRLX_Middle" TITLE="Cost Analysis"><B>BD-4</B></A></div> <div> <B>   </B><A HREF="id367_m.htm#tri_pacer" TARGET="TRLX_Middle" TITLE="Cost 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TITLE="http://www.broadenedhorizons.com"><B><IMG SRC="961dd4b0.png" border=0 width="221" height="75" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></A></div> </NOBR></tD> <tD VALIGN=CENTER WIDTH="94"><div> <A HREF="http://www.BroadenedHorizons.com" TARGET="_blank" TITLE="http://www.BroadenedHorizons.com"><B>"Innovative Solutions for the Mobility Impaired"</B></A></div> </tD> <tD VALIGN=CENTER WIDTH="467"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="82" ALIGN="bottom" WIDTH="467" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <div> </div> <bR> <div> <TABLE BORDER="0" CELLPADDING="1" CELLSPACING="1" WIDTH="862" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="VOID" RULES="NONE" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B> <A NAME="flying_clubs_vs__renting"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="1" ALIGN="bottom" WIDTH="1" HSPACE="0" VSPACE="0" ></A></B><B>Flying Clubs</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="76" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="86"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="86" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="85"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="85" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> <B>Renting</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="76"><div> <B>Airlake</B></div> </tD> <tD VALIGN=TOP WIDTH="86"><div> <B>Cloud 7</B></div> </tD> <tD VALIGN=TOP><NOBR><div> <B>Honeywell</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="85"><div> <B>Rangers</B></div> </tD> <tD VALIGN=TOP><NOBR><div> <B>Prescott</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> <B>Sport 150</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="73"><div> <B>Katana</B></div> </tD> <tD VALIGN=TOP WIDTH="75"><div> <B>Cessna 172</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Number of Owners</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> 15</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> 15</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 15</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> 15</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> 15</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> GAS</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> ASI</div> </tD> <tD VALIGN=TOP><NOBR><div> Thunderbird</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Hrs. / Year Flown</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> 100</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> 100</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 100</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> 100</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> 100</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> 100</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> 100</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> 100</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><div> Buy In Cost</div> </tD> <tD VALIGN=TOP WIDTH="76"><div> $2,960</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $5,400</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $250</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $650</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $5,000</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $0</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Financing Costs</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> $207</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $378</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $18</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $46</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $350</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $0</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Fixed Opr / Month</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> $130</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $72</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $50</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $60</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $70</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $0</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Fixed Opr / Yr</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> $1,560</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $864</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $600</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $720</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $840</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $0</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><div> Plane Wet</div> </tD> <tD VALIGN=TOP WIDTH="76"><div> $50.00</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $53.00</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $63.00</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $60.00</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $48.50</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $68.00</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $74.00</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $82.00</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Total Cost / Hour</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> $68</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $65</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $69</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $68</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $60</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $68</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $74</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $82</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Value Growth / Yr</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> $360</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $360</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $0</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $0</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Total Cost / Year</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="76"><div> $6,407</div> </tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="86"><div> $6,542</div> </tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="83"><div> $6,918</div> </tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="85"><div> $6,406</div> </tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="81"><div> $6,040</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="73"><div> $6,800</div> </tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="73"><div> $7,400</div> </tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0 WIDTH="75"><div> $8,200</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="76"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="76" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="86"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="86" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="85"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="85" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="134"><div> 50 Total Cost / Hour</div> </tD> <tD VALIGN=TOP WIDTH="76"><div> $85</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $78</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $75</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $75</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $72</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $68</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $74</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $82</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> 50 Total Cost / Year</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $3,907.20</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $3,892.00</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $3,767.50</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $3,405.50</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $3,615.00</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $3,400.00</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $3,700.00</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $4,100.00</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="134"><div> 150 Total Cost / Hour</div> </tD> <tD VALIGN=TOP WIDTH="76"><div> $62</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $61</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $67</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $65</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $56</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $68</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $74</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $82</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="134"><div> 150 Total Cost / Year</div> </tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $8,907.20</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $9,192.00</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $10,067.50</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $9,405.50</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $8,465.00</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $10,200.00</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $11,100.00</div> </NOBR></tD> <tD VALIGN=TOP BGCOLOR=#C0C0C0><NOBR><div> $12,300.00</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="76"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="76" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="86"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="86" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="85"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="85" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><div> Instructor</div> </tD> <tD VALIGN=TOP WIDTH="76"><div> 20</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> $20</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> $20</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> $20.00</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> $20.00</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> $38.00</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> $40.00</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> $40.00</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Cost Instruction</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="76"><div> 1000</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> 1000</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 1000</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> 1000</div> </tD> <tD VALIGN=TOP WIDTH="81"><div> 1000</div> </tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><div> 1900</div> </tD> <tD VALIGN=TOP WIDTH="73"><div> 2000</div> </tD> <tD VALIGN=TOP WIDTH="75"><div> 2000</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="134"><div> Total Cost Pvt Licence</div> </tD> <tD VALIGN=TOP><NOBR><div> $4,907.20</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> $4,892.00</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> $4,767.50</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> $4,405.50</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> $4,615.00</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> $5,300.00</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> $5,700.00</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> $6,100.00</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="76"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="76" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Student OK</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="85"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="85" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Student Ok</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="76"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="76" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2><NOBR><div> 500 / 2500 Deductible</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="85"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="85" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="147"><div> 1000 / 1000 Deductible</div> </tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="76"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="76" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="86"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="86" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="85"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="85" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 39 WIDTH="211"><div> <B>Flying Possibilities / Year -5 Ptn</B></div> </tD> <tD VALIGN=TOP WIDTH="86"><div> 0.1</div> </tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="85"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="85" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Per / Year</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="86"><div> VFR OK</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> Hrs/ Ea</div> </tD> <tD VALIGN=TOP><NOBR><div> Total Hrs.</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><div> Weekends</div> </tD> <tD VALIGN=TOP WIDTH="76"><div> 52</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> 5.2</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 8</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> 41.6</div> </tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="134"><div> Weekdays</div> </tD> <tD VALIGN=TOP WIDTH="76"><div> 204</div> </tD> <tD VALIGN=TOP WIDTH="86"><div> 20.4</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 2</div> </tD> <tD VALIGN=TOP WIDTH="85"><div> 40.8</div> </tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="134"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="134" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="76"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="76" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="86"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="86" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><div> <B>Total</B></div> </tD> <tD VALIGN=TOP WIDTH="85"><div> <B>82.4</B></div> </tD> <tD VALIGN=TOP WIDTH="81"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="81" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="73"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="73" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="75"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="75" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </td> </tr></table></body>