Note C - Income Taxes: Reconciliation of Book Income (Loss) to Federal Taxable Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Reconciliation of Book Income (Loss) to Federal Taxable Income (Loss)

	2012	2011
Net income (loss) as reported	$ 24,709	$ (6,492)
Add (deduct):
Depreciation differences	2,529	3,561
Gain (loss) on disposal of property	1,484	--
Unearned income	(29)	(24)
Other	(80)	84
Federal taxable income (loss)	$ 28,613	$ (2,871)
Federal taxable income (loss) per limited partnership unit	$ 179.00	$ (28.36)