White Pine Library Cooperative BALANCE SHEET January 31, 2010 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 51,560.88 Independent Bank CD 112,965.32 Team One Credit Union 101,039.17 United Financial 50,748.72 Citizens Bank Cd #3 0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 15,195.48 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 0.00 ============== TOTAL ASSETS 332,109.57 LIABILITIES Accounts Payable 0.00 Retirement Payable 0.00 Accrued Accounts Payable -0.00 Sales Tax Payable 0.00 Accrued Payroll 0.00 Accrued Benefits 0.00 Lease payable -0.00 Copier lease payable 0.00 Deferred Renenue 0.00 TOTAL LIABILITIES 0.00 CAPITAL Fund Balance 352,928.44 Income minus Expenditures -20,818.87 ============== TOTAL CAPITAL PLUS LIABILITIES 332,109.57