(492,314) (1,969,187) (1,159,178) PURCHASE TIMBERLAND (173,150,000) PROPERTY TAX & LEASE PAYMENTS (365,440) (365,440) (365,440) (365,440) FORESTRY & ADMINISTRATIVE COSTS (1,142,000) (1,142,000) (1,142,000) (1,142,000) CLOSING COSTS (2,164,859) APPRAISAL & INVENTORY COSTS (304,829) (91,360) (91,360) (9