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HARDESTY & HANOVER, LLC <br />FAR Note Details – continued <br />For the Year Ended December 31, 2019 <br />r)Lawsuit settlements involving disputes with contractors are disallowed <br />(FAR 31.205-47(f)(5))$ (52,000) <br />s)Cost of members' disability insurance is disallowed as the Company <br />is the beneficiary (FAR 31.205-19; FAR 31.201-3))$ 21,518 <br />t)Cost of members' life insurance is disallowed as the Company <br />is the beneficiary (FAR 31.205-19; FAR 31.201-3)$ 18,209 <br />u) The cost of commuting (tolls, mileage, and parking etc.) to <br />and from work are disallowed (FAR 31.205-46)$ 21,156 <br />v) The cost of labor and the associated employer taxes in connection <br />with planning the organization/reorganization of the company <br />are disallowed (FAR 31.205-27)$ 1,587 <br />w)The cost of labor and the associated employer taxes in connection <br />with solicitation (advertising and promotion) activities of the <br />company are disallowed (FAR 31.205-1(d)(2))$ 139,568 <br />x) Trade show expenses are disallowed (FAR 31.205-1(f)(2))$ 10,112 <br />y)Company vehicles' mileage log adjustment for direct costs <br />are disallowed (FAR 31.201-4)$ 15,102 <br />z)Costs less revenues incurred by the Company while pursuing <br />Design-Build contracts which have not been awarded (lost) <br />is being debited against expenses (FAR 31.201-5)$ (54,427) <br />(Revenue of $295,000 less direct labor of $226,214 and direct expenses of $123,213) <br />za) Cost of professional services incurred in connection with planning the <br />organization/reorganization of the company were disallowed <br />(FAR 31.205-27)$ 45,431 <br />zb) Cost not allocable to the period under audit (FAR 31.201-4)$ 319,150 <br />zc) No gain or loss shall be recognized as a result of the transfer of assets in a <br />business combination (FAR 31.205-16 (a))$ 49,154 <br />zd) Items for which detailed receipts could not be provided have been disallowed. <br />(FAR 31.201-2(d))$ 2,250 <br />Total FAR Note Details: $ 2,099,637 <br />ze) The cost of premium time is disallowed (FAR 31.205-6) $ 42 <br />-6-