dairy farmers of america capital retains

Randy previously served on the National Dairy Promotion and Research Board, as well as 20 years on his church council. Martin has extensive global experience in the dairy industry, including global operations and manufacturing, customer and government relations and global extended supply chain and optimization across a wide range of cultures and geographies including Asia, the Middle East, Africa, Europe and the Americas. =(jauvc:45?4$[6m^q:[;HVHM(:)Rd.iVahlut#?S gz]+4)*gogQv&}Fc- o'r.`nY42 All three of Melvins sons work on the 1,600-cow dairy, with his two oldest also owning their own dairies. Brian owns and operates Tuleview Holsteins with his family. Sell the machinery and equipment that are used to make hay and silage once you have enough feed inventory on-hand for the remaining livestock. It is a member of the non-profit Canadian Federation of Agriculture. DFA became the sole owner of DairiConcepts in 2015,[11] which was once a partnership between DFA and Fonterra Co-operative Group Unlimited. Coop equities and retains are generally taxed in the year of issuance of the patronage dividend or product sales. 2) you are divesting of assets they feel are pertinent to the continuation of the business not allowing the farm to produce the cashflow necessary to pay the loans back. Melvins youngest son manages the 550 acres of double-crop wheat and corn to supply all the dairys silage needs. He has held senior positions in finance, operations, marketing, strategy, mergers and acquisitions, sales and general management. Assets that are not used in a trade or business when sold may trigger additional taxes on top of long-term capital gains when specific thresholds are met. Since 2008, he served as senior advisor for DFA, providing oversight for varied investments and joint ventures. 1245. In addition to his duties as second vice chairman of DFAs Board of Directors, Dan is a member of DFAs Executive Committee, a member of the National Milk Producers Federation board and is the chairman of DFAs Southwest Area Council and the Greater Southwest Agency. Dairy Farmers of America, Inc. is an equal employment employer and is committed to providing employment opportunities to minorities, females, veterans, and disabled individuals. Divided into seven geographic Areas, our grassroots structure ensures every member is represented through elected farmer-leaders at all levels of Cooperative governance. DFA is an organization of local, family farmers from across the country, which means that we're owned by the family farmers we passionately serve. Options can include the sale of everything at once to partial sales or even to the sale of some items while leasing such assets as the milking herd. The equities and retains are tax-free when distributed back to the farm in later years assuming they were taxed when issued. Then the gross profit percentage, as a percentage of the total sale, is then applied to any principal (not interest) received during the year to calculate the taxable income. A joint venture between Glanbia Nutritionals, Dairy Farmers of America, Inc. (DFA), and Select Milk Producers Inc., MWC was designed and built over a two-year period. We have an incredible team of employees who bring our mission to life every day. As president and chief executive officer, Alan leads the executive leadership team to ensure the overall health of DFAs Dairy Brands Division. He is also a member of the American Dairy Science Association, Institute of Food Technologists and International Association for Food Protection. Assets are sold as they are no longer required such as feed inventory, machinery and equipment, etc. In determining the site for the new facility, St. Johns was selected due to the growing supply of milk in the region, the transportation infrastructure in the region, proximity to customers, and the positive business environment and strong local workforce reputation in the region. Once you begin to consider getting out of dairy farming you need to communicate with your lender. Our tools and resources are designed for the curriculums of Alberta, Quebec, Saskatchewan, and the Maritimes. MWC, a $470m cheese and whey plant in St. Johns, Michigan, began receiving milk this week from local farmers, marking the first day of operations for the facility and beginning of the commissioning phase. He serves as a DFA representative on the Greater Southwest Agency board. In 2015, Andrew was recognized in Ingramsmagazines 40 Under Forty list, and in 2011, he was included in its 20 in Their Twenties list. He currently serves as chairman of Newtrient, vice chairman for the Innovation Center for U.S. Long-term capital gains are gains on the sale of assets that were held for more than a year. Gain from dispositions of certain depreciable property, depreciation recapture. """""##$$%%%%%%%%%$%&'''&&'&&&&&&'()**++++,+++,,-///0000111111111111////012222222222444333323344566789:;;:989999::::888889999::;;;;:;;<<<<======>>>>????????>>????@@@ABBCBBABBCCCCBBAAAA@@@@@@@@@@@@@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@AAAAA@?>@@AAAA@@@@@@@???>??@@@@?ABCB@@@A@@@@@@@@@@@@@@@@AA@@AABCBBBBBBBBAAAAAAAACCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDCCCCCCCCCCCCCBBBAAAAABCCDDDCCCCCCCCCDDDDEEEDDDDCDDDDDDDDEEEEEEEEEEEEEEEEEEEEEEEEEEEDDDDCDDDDDDDDCCCCCBBBCCCCCCCCABBCCBBABBBAAAA@@@@@????==;::999999987654445443211111000///..---,,,++**)**))((''((()(('&&%%%%$$$&&%$$$$%%%%$###"!!! She currently serves on the boards of National Milk Producers Federation, Cultivating New Frontiers in Agriculture, National Cooperative Business Association and the Agricultural Business Council of Kansas City. 0000004678 00000 n Alex joined DFA in 2006 andhasservedin numerous roles during his tenure, includingpreviously serving as DFAs chief legal officer. Jay has more than 30 years of experience in the global dairy industry with leading dairy companies Campina in Europe and Fonterra Co-operative Group in New Zealand. more products. They now milk 700 cows and farm 1,000 acres. At Dairy Farmers of America, we're proud to share the simple pleasures of real dairy straight from our family farms. In his current role as chief operating officer of the Western Area, Gary is responsible for the overall business operations of the Area. Together, they milk 2,000 cows on three different dairies and farm 1,800 acres of corn, alfalfa and wheat. Commissioning operations at MWC will take place over the next eight months and will see the initial 1m pounds of milk per day increase to its designed capacity of 8m pounds per day. Liquidating farm assets can complicate the process due to potential tax liabilities that arise when selling farm assets. Dairy Farmers of America, Inc. (DFA) operates as a dairy cooperative. @@AAAAABCDCBABCBBBBBBBBBBBBBBBBBBBBBBCDCCCCCCCCBBBBBBBBCCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDEEEEEEEEEDDDDCCCBBBBBCDDDDDCCCCCDDDDEEEEFFFEEEEEFFFFFFFFGGGGGGGGFFFFFFFFFFFFFFFFFFFEEEEEEEEEEEEEEDDDDCCCEEEEEEEEDDEEEEDDCCCBBBBBBBA@?>==@?>= !!" He has served on the Utah governors agriculture board, the Western States Dairy Producers Association since 1996 and on the Utah Dairy Association since 1994, also serving as a past president. Handyhills milks 120 cows and has 1,000 acres of corn, beans, alfalfa and grass for forage. Doug is chairman of the Central Area Council and a member of DFAs Executive Committee. ;s]}1)Y_u^uoLhJ]MgszzuY(f=1UC?N1xqO1k Valerie was awarded New York State Outstanding Young Farmer in 1993. Martin joined DFA in 2018 after a 25-year career with Fonterra Co-Operative Group and other New Zealand dairy cooperative companies, where he most recently directed a joint venture partnership, expanding Fonterras global strategy and footprint in Russia and CIS markets. On February 1, 1994, Dairy Farmers of Canada merged with the Dairy Bureau of Canada, the national non-profit organization responsible for the overall promotion of Canadian dairy products. DAIRY FARMERS OF AMERICA Richmond, IN Posted: March 04, 2023 Full-Time Job TitleMaintenance Manager LocationRichmond, Indiana Description The Maintenance Manager provides leadership and direction to plant maintenance function of a 24-hour, 7 day a week operation. And because our Cooperative is owned by our farmers, they're personally invested in every product, decision and step we take as an organization. Being raised livestock they also have a zero tax-basis so the entire sale amount is taxable. Jay currently serves on a number of industry leadership groups and company boards. His responsibilities include oversight of DFAs Cooperative-owned transportation fleet, leading milk marketing activities and business operations management and management of Mountain Area Council operations. Bill has served on DFAs Corporate Resolutions Committee for 16 years, has been a member of the Ohio Dairy Producers Association for 12 years and joined American Dairy Association Mideast in 2018. Randy and his wife, Jan, operate Mooney Dairy in Rogersville, Mo. Senior Vice President, Global Development. Alex also has leadership responsibility for executing certain enterprise-wide decisions and initiatives, which drive DFAs culture and performance. He currently sits on the board for Harvesters. This will allow you to shift to a different type of farm and manage the tax liability while maintaining income and cash flow. They are a West Virginia Century Farm. Valerie owns and operates Blumer Dairy with her husband, David. In hercurrent role as senior vice president and chief communications officer, Kristen is responsible for overseeing the Cooperatives communications strategy, marketing, brandand messaging development and ensuring effective communication withfarmer-owners, employees, consumers, customers and other key stakeholders. Senior Vice President and Chief Communications Officer. See IRS Pub 908 for the treatment of income from the discharge of indebtedness related to Bankruptcy. As part of the deal, DFA would acquire 44 of Dean's plants. Photos: Milk donation Employees of Remarkable Liquids repackage milk into boxes on Tuesday, May 12, 2020, in Guilderland Center, N.Y. Price Chopper/Market 32 partnered with dairy farm cooperative, Dairy Farmers of America, Garelick Farms and Remarkable Liquids to donate and repackage nearly 5,000 gallons of milk that will then be donated to the Regional Food Bank of Northeastern New York. Inspired by our commitment to producing quality milk, this is your destination for discovering the best that Canada has to offer. This new facility in Michigan under the same JV partnership is a continuation of that success., Copyright - Unless otherwise stated all contents of this web site are 2023 - William Reed Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions, Related topics The family markets breeding stock nationally and internationally, and has sold cattle and embryos worldwide. He serves as treasurer of DFAs Board of Directors, is a member of the Executive Committee and is chairman of the Northeast Area Council. Kevin has been in the dairy industry his entire life. He served as vice president of the Dairylea board, sat on Dairyleas resolutions committee, and participated in the Dairylea Young Farmers program. In addition to raising corn and alfalfa, they also run a cow-calf operation and small feedlot. """"##$$%%%%%%%%%%$%&&&&&&''&&&&'''()**+**++++,--///000011111111111100/0012333333333433332222334566689:;;:989999::::888999999::;;;;;;<<<<=======>>>>????????????@@@@ABBCCCCBCCCCCCCCAAAA@@@@@@@@@@@@@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@ABBBA@??@@AAAA@@A@@@@?????@AAA@@ABCBA@ABAAAAAAAAAAAAAAAAAAAAAABCBBBBBBBBAAAAAAAACCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDDDDDDDDDDCCCCBBBBAA@@ABBDDDCCCCCCCCCDDDDEEEDDDDDDDDDDDDDEEEEEEEEEEEEEEEEEEEEEEEEEEEDDDDDDDDDDDDDDCCCCBBBDDDDDDDDBBCCCCBBBBBAAAAA@@@@??? In addition to his role at DFA, Brent sits on the operations committee for Dairy Cooperative Marketing Agency and Common Marketing Agency. Ability to select, coach, develop, engage and retain a team of employees. Additionally, he serves as secretary of DFAs Board of Directors. From 20092020, she served as coordinator for the Virginia Dairy Princess Program, and she was a fellow for Virginia Agriculture Leaders Obtaining Results (VALOR) in 2016. Buster, his wife, Beverly, and son, Jason, operate two neighboring dairies one with 5,200 Jerseys and one with 5,500 Holsteins. Cheese. & Hobb, J.E. Dfa More than 115 farmers are suing mammoth milk processor Dairy Farmers of America (DFA) for conspiring to hold down milk prices. The last few years have been disappointing for many farmers with decreasing revenue. Take a minute to discover what makes our culture so special and check out our open positions. It is usually more desirable if you can keep from jumping into higher tax brackets which could be avoided by spreading out the sales over two or more years. They mean providing opportunities for rural communities to thrive, sharing nourishment to those in need and preserving natural resources for future generations. Gary has more than 35 years of dairy industry experience. 22-Oct-2020 In fourth place now is Danone, having been. This devastating downturn has led many dairy farmers to consider exiting the dairy business. Cooking with kids: a delicious way to have fun! Every time you shop for groceries, just look for the logo. He began his dairy cooperative career in 1986 with Associated Milk Producers in Tulsa, Okla. He serves as chairman of United Dairy Industry Associations board, is on the National Milk Producers Federation board and is on the Innovation Center for U.S. [5] Introduced November 1, 2016, the new logo will gradually replace the previous origin logo which was commonly known as the "Little Blue Cow".[6]. The Company manufactures and markets milk, ice cream, butter, frozen yogurt, cream, cheese, and . Nerd Herd. Senior Vice President of Finance and Chief Treasury Officer. Bryan is the secretary of the Mideast Area Council and a board member of the Dairy Marketing Program Scholarship Committee at Michigan State University. Bill is an active member of the community, coaching eighth grade basketball. Larry and his family started dairying in Muleshoe, Texas, in 1978, with one heifer that calved in the truck. John served on the Corporate Resolutions Committee for 11 years and served on the Northeast Area Council for three years. Doug is a recipient of the Proud to be a Nebraska Farmer Award. Profits or gains are taxable income. The farming life has always been a highly respected occupation, but not easy. Senior Vice President, Chief Legal Officer, and General Counsel. In 2010, Randy received the Missouri Dairy Hall of Honors Foundation Dairy Leader Award, and in 2011, he received the Missouri Governors Award for Agricultural Achievement. The gain is considered depreciation recapture and taxed as ordinary income (self-employment tax is not initiated with 1245 property) as long as the sale price is less than the purchase price. The farming operation includes 1,600 acres of wheat, corn and sorghum. WASHINGTON, January 23, 2023 - The U.S. Department of Agriculture (USDA) today announced the details of additional assistance for dairy producers, including a second round of payments through the Pandemic Market Volatility Assistance Program (PMVAP) and a new Organic Dairy Marketing Assistance Program (ODMAP). Dairy Farmers of America Inc. In 2016, Glen was also inducted into the South Carolina Dairy Hall of Fame. Craig, along with his wife, Katharine, son, Cameron, and daughter, Cali, owns and operates a 550-cow dairy farm. He played an integral part in the formation and operation of DMS. xref He is actively involved in his local community, serving as chairman of the Churchill County Commissioners and the Churchill Economic Development Authority. Bryan, a second-generation dairy farmer, milks 225 cows on 500 acres on his farm in Fenwick, Mich. Bryan took over Hull Dairy Farm LLC with his wife, Janet, in 1976, and their two daughters and grandkids now help with day-to-day operations. A follow-up study investigating the impact of such a label revealed that Canadians were willing to pay more money for dairy products that specified using 100 percent Canadian milk products, versus its non-Canadian certified counterparts. The mortgagees or lien holders will have first claims on sale proceeds on the sale of the real estate. She also oversees the internal complaint reporting program and investigations into ethics and compliance concerns. They also farm 1,200 acres, raising all their own forage and farming corn, soybeans, hay and timber. It is strongly advised to work with your trusted legal and tax professional as soon as you begin serious consideration to a farm sale or conversion. Sandy joined the Cooperative when Dairylea Cooperative merged with DFA in April 2014, and he has served on various local, state and national boards. Prior to joining DFA, Alex was general counsel of a global business unit at General Electric Capital. |b. From our family farmers and field staff to product developers and finance teams, every member of our organization plays an essential role so that together, we can share the simple pleasures of real dairy with families everywhere. Even having a straight sale of assets requires planning and negotiating. 1250. Breeding cows, bulls and horses are an exception and must be held two years to generate long-term capital gain. Previously, he served on the San Joaquin County Board of Supervisors, was a member of the San Joaquin Valley Air Quality board, served on the Sutter Tracy Hospital board of trustees and was appointed by California Governor Pete Wilson to the San Joaquin Fair board. They also raise all their own replacement heifers. Together with their two daughters and son, they milk 80 dairy cows and own and operate 5,000 acres. He, along with his son, James, and his daughter, Lela, now milk 4,000 cows in three barns and farm 5,000 acres. In her free time, Kristine enjoys photography, playing piano and singing. Many farms may have multiple business structures that own a variety of the assets of the farm. 816-801-6200. Dennis has an extensive background in banking and finance and has owned various ag businesses. Farm income averaging (Schedule G) can be considered to fill back years lower bracket amounts and possibly keep the current years income from being taxed in higher tax brackets. Brian is a fourth-generation farmer and has been active in DFAs Young Cooperator and Emerging Leaders programs. She is responsible for all of DFAs banking and capital markets activities, as well as treasury, credit and accounts receivable, accounts payable, capital and mergers and acquisitions. Look for the logo. The sale price of an asset minus the current tax-basis equals the gain. Randy milks 40 cows, raises steers and farms 290 acres of alfalfa, corn and soybeans, with the help of his wife, Carma and their two children, Marissa and Jon. The operation also functions as a market for its purebred Holstein genetics. Dairy board representing Dairy Management Inc. Leroy joined his father in dairying in 1970. Any farm sale is inherently complex and the topics are interrelated. 0000004513 00000 n Bill, a third-generation dairy farmer, has been dairying since 1980. He is also a member of DFAs Executive Committee. The average employee at Dairy Farmers of America makes $48,056 per . Melvin has been dairying since 1981 on the farm started by his father. John holds leadership positions on the Ohio Dairy Board and the American Dairy Board. Life with DFA; What is a Cooperative; Students and Graduates; . Prior to DFA, he worked at McCormick & Company. Most recently, he served as chief executive officer of Tree Top, Inc., a fruit cooperative in the Pacific Northwest. Todd, a third-generation dairyman, milks 1,100 cows on 3,000 acres at Ivy Lakes Dairy. KANSAS CITY, Kan., Sept. 15, 2022 /PRNewswire/ -- Dairy Farmers of America (DFA), a national dairy cooperative with more than 11,500 family farmers, has been selected to receive up to $45 million . ?= !! The Social Security portion is taxed at a rate of 12.4 percent and is not payable on self-employed income above $132,900 for the 2019 year. Doug farms 2,500 acres of corn, soybeans and alfalfa, milks 250 cows and finishes about 2,000 Holstein steers each year with his three sons. Bruce currently serves as a director on the Pennsylvania Dairy Promotion Program board. Short-term gains are for assets held for one year or less and two years or less on breeding cattle and horses. Since joining DFA in 2008, Jackie has led the Cooperatives public policy efforts and has played an active role in member services and community initiatives. For 2022, Fitch projects DFA's EBITDA around $540 million, slightly lower than 2021, reflecting inflationary cost pressures. They are revolved back to members after a certain period of time. Valerie currently serves on the Dairy One board of directors, the Cornell University Cooperative Extension Nominating Committee and the Northwest New York Dairy, Livestock & Field Crops of Cornell Cooperative Extension Advisory Group. This accelerated amount is deemed recaptured depreciation and is taxed as short-term ordinary gain. ?>>?>= Consideration of the installment sale treatment of certain assets and leasing of other assets based on how they are taxed may warrant some consideration. As executive vice president of DFA and president of Dairy Brands North, Pat is responsible for the Central, Mideast and Northeast regions, as well as the divisions cheese and butter businesses and extended shelf-life groups. DFA is America's leading dairy cooperative. The value of all assets need to be agreed upon such as tile, wells, irrigation, buildings, machinery and equipment, livestock, feed supplies, growing crops, etc. Alan has more than 45 years of experience in the dairy business, most of it spent in senior level management positions. We're always looking for new ways to bring the joys of dairy to families like yours. From fresh dairy goodness like yogurt and cheese, to dairy's essential role in many of your favorite pantry staples, we support our family farms by sharing the joys of dairy in so many ways. 330-670-7800. Kristine and Marks four children, Kate, Adam, Seth, Ryan and Ryans wife, Jen, all help out on the farm. In her current role of vice president leading the Ethics and Compliance Department, she is responsible for promoting a culture of integrity and ethical decision-making throughout the organization. They have a 400-cow-and-calf beef operation and raise 275,000 chickens. This a good option if the remaining debt repayment obligations can be serviced with the income from cropping the land or renting the land. Jerrel and his wife, Alma Jean, have been dairying since 1984 on the farm started by her grandfather. [2], DFA was formed in 1998 through the merger of four dairy cooperatives: the Southern region of Associated Milk Producers Inc.; Mid-America Dairymen Inc.; Milk Marketing Inc.; and Western Dairymen Cooperative Inc.[3] Since then, five other cooperatives have become a part of DFA Independent Cooperative Milk Producers Association, Valley of Virginia Milk Producers Association, California Cooperative Creamery, Black Hills Milk Producers and Dairylea Cooperative Inc.[4][5][6][7] Its headquarters from 1998 until 2017 was near Kansas City International Airport in Kansas City, Missouri. /Width 840 Dairy Working closely with your lenders will be important if this is a consideration. Once the feed inventory is reduced the remaining herd may be sold and then you may consider selling or renting the land as it is no longer required. Family involvement is key to his operations success the family strives for high-end genetics and high-quality milk from their herd. In addition, she leads farmer-owner development programs aimed at fostering the next generation ofDFA and industry farmer-leaders. The Moyers milk 350 registered Holsteins with a robotic milking system. At Dairy Farmers of America, we're proud to share the simple pleasures of real dairy straight from our family farms. Kent is a member of the boards of the American Dairy Association of North Carolina and Southeast United Dairy Industry Association Inc., and he serves as chairman of DFAs Southeast Area Council. He joined DFA in 2003 and has held various roles within the Western Area, including vice president of fluid milk operations and vice president of operations. Make sure the dairy you buy comes from Canadian farms and supports our farmers. David also serves as the town supervisor for the town of French Creek and is the chairman of the administrative board for his local church. Teach Nutrition provides tools and resources for teaching health and nutrition from early childhood to high school. Jeff, in partnership with his wife and son, manage and make all of the feed for a herd of registered Holsteins on 300 acres. Department of Justice antitrust officials announced a settlement Friday to allow Dairy Farmers of America to buy the bulk of Dean Foods Co.'s milk plants out of bankruptcy, merging the nation's . They are kept back by the cooperative as equities or retains to provide capital to build and carry on business activities. He provides end-to-end leadership for all aspects of the people function including talent management, learning and development, talent acquisition, executive and total compensation and rewards, employee and labor relations, employee engagement and organizational development. This may not necessarily coincide with the sale of a farm and exiting the business. Harold is in business with his brothers, Lawrence and Michael, his three sons and three nephews. Website. We will attempt to explain some of the potential tax liability issues that may arise when selling dairy farm assets as there are significant tax consequences that need to be managed. At Dairy Farmers of Canada, delicious milk is just the beginning. May 15, 2019. Angela works with these groups to grow and develop leaders at every level who deliver excellent business and people outcomes; attract and hire industry talent; and deliver optimal workforce productivity and performance through effective and efficient teams, structure and employee and labor relations. Some of the more common tax types that would be associated with farm asset sales include: Understanding the different tax types, asset disposition associated with a tax type and the corresponding rates will assist a farm owner to take a more measured approach to when and how to sell or lease/rent an asset to limit tax liability. He also has served on the National Dairy Promotion and Research Board and is a member of the Dairy MAX Western Dairy Association Promotion Board. A gross profit is calculated as the sale price minus the cost basis including recaptured depreciation on the complete sale. He currently holds a leadership position on the Pennsylvania Dairy Promotions Program, and he has received multiple awards from the National FFA Organization. DFC scholarship fuels student to reflect on future of agri-food, Greener holidays: 5 eco-friendly gift ideas, Plastic recycling solutions with Cleanfarms. Andrew currently serves as senior vice president, chief legal officer, and general counsel of DFA. The Hulls grow corn and hay, and they also raise angus calves and replacement heifers. The family received the Maine Dairy Farm Family of the Year Award in 2008. Ron, along with his wife, Debbie, sister, Ruth, and sons, Jason and Paul, manages a 2,800-cow, family-owned dairy in La Salle, Colo. Additionally, the Krebs raise 350 beef cows and 160 sheep. Associated Milk Producers, Inc.; Mid-America Dairymen, Inc.; Milk Marketing, Inc.; and Western Dairymen Cooperative, Inc. Their farm houses Maines first methane digester, which produces enough electricity to power as many as 800 households and heat 300 New England homes. For a cash-basis taxpayer; crops, feed, milk, and other supplies will normally have a zero cost-basis as the cost of these assets has usually been deducted as a cash expense. 1405 N. 98th St. Kansas City, KS 66111 888-DFA-Milk. Brian is also a member of DFAs Executive Committee. 32% of Dairy Farmers of America employees are women, while 68% are men. Kent is also a member of DFAs Executive Committee. . ""###$$%%%%%%%%%%%%%%%%%&&(''&&''('())*******+,-./..///00001111111111111101123444444444443333222334566789:;;:989999::::999:::::::;<<>>>???@@@@@@@@@@@@AAAACCCCCDDDEDDCCDDEBBBAAAA@@@@@@@@@@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@BBBBBA@?@AABBAA@AAAA@@@@@@ABBBAABCCCA@ABAAAAAAAAAAAAAAAABBAAABCCCCCCCCCCBBBBBBBBCCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDDDDDDDDDDDDDCCCCBBAA@AAADDDCCCCCCDDDDEEEFEEEEDDDEEEEEEEEGGGGGGGGFFFFFFFFFFFFFFFFFEEEEDDDEEEEEEEEDDDDCCCCDDDDDDDDCCDDDDCCCBBBBAAAAA@@?