Transaction $24$: CGWO has a lease incentive liability associated with its current landiord paying their lease termination fee associated with an old lease. The landiord will charge CGWO the full amount of the outstanding lease liability if CGWO breaks their current lasse. The liablity is amortized over the life of the current lease. In the current period the liability account is amorized in the amount of $$65,000$ and the offseiting account is rent expense. The expense is considered a Management and General expense.

Transaction $25$: CGWO pays down its note payable by $$791,250,$ and interest expense of $$121,500.$ Similar to the line of credit, the note payable is considered a Mainagement and General expense.