2017 Annual Report

86 City of Chilliwack 2017 Annual Report TOURISM CHILLIWACK INC. Notes to Consolidated Financial Statements (continued) Year ended December 31, 2017 3. Inventories: 2017 2016 Flag shop inventory $ 10,462 $ 10,148 Maps, apparell and books 4,352 1,992 $ 14,814 $ 12,140 4. Tangible capital assets: 2017 2017 Opening Closing Cost Additions Disposals Cost Furniture and fixtures $ 56,781 $ 3,904 $ - $ 60,685 Website 71,912 2,078 - 73,990 Computer 49,934 9,207 - 59,141 Leasehold improvements 119,013 3,240 - 122,253 $ 297,640 $ 18,429 $ - $ 316,069 2017 Opening 2017 Closing Accumulated Amortization Accumulated Amortization Disposals expense Amortization Furniture and fixtures $ 39,421 $ - $ 4,956 $ 44,377 Website 67,663 - 2,846 70,509 Computer 39,950 - 5,761 45,711 Leasehold improvements 111,150 - 3,330 114,480 $ 258,184 $ - $ 16,893 $ 275,077 2017 Opening 2017 Closing Net book value Net book value Furniture and fixtures $ 17,360 $ 16,308 Website 4,249 3,481 Computer 9,984 13,431 Leasehold improvements 7,863 7,773 $ 39,456 $ 40,993 7 Tourism Chilliwack Inc. Financial Statements