| ASSETS | ||
| Current Assets | ||
| Petty Cash | $7,600.00 | |
| Cash on Hand | 23,000.00 | |
| Regular Checking Account | 70,452.00 | |
| Payroll Checking Account | 20,000.00 | |
| Savings Account | 10,000.00 | |
| Special Account | 17,000.00 | |
| Trust Account | 45,000.00 | |
| Hobbs account | 25,000.00 | |
| Total Current Assets | 218,052.00 | |
| Property and Equipment | ||
| Automobiles | 2,400.00 | |
| Building | 45,000.00 | |
| Land | 34,000.00 | |
| Total Property and Equipment | 81,400.00 | |
| Other Assets | ||
| Total Other Assets | 0.00 | |
| Total Assets | $299,452.00 | |
| LIABILITIES AND CAPITAL | ||
| Current Liabilities | ||
| Sales Tax Payable | $44.00 | |
| State Payroll Taxes Payable | 31.00 | |
| Local Payroll Taxes Payable | (3,343.00) | |
| Total Current Liabilities | (3,268.00) | |
| Long-Term Liabilities | ||
| Total Long-Term Liabilities | 0.00 | |
| Total Liabilities | (3,268.00) | |
| Capital | ||
| Beginning Balance Equity | 304,000.00 | |
| Common Stock | (5,570.00) | |
| Retained Earnings | (9,543.00) | |
| Net Income | 13,833.00 | |
| Total Capital | 302,720.00 | |
| Total Liabilities & Capital | $299,452.00 | |