PARTS iD, Inc. Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2017

Net income available to Class A common stockholders:
Interest income	$	403,000
Less: Income and franchise taxes		(156,000	)
Expenses available to be paid with
Interest income from Trust (up to a
Maximum of $750,000 per year)		(128,000	)
Net income available to Class A common stockholders	$	119,000
Net income available to Class F common stockholders:
Net income	$	119,000
Less: amount attributable to Class A common stockholders		(119,000	)
Net income available to class F common stockholders	$	-