White Pine Library Cooperative BALANCE SHEET November 30, 2005 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 421,901.57 Cert. of Deposit -0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 36,492.61 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 0.00 ============== TOTAL ASSETS 458,994.18 LIABILITIES Accounts Payable 0.00 Retirement Payable 0.00 Accrued Accounts Payable 3,564.00 Sales Tax Payable 0.00 Accrued Payroll 0.00 Accrued Benefits 0.00 Lease payable 836.14 Copier lease payable 1,461.98 Deferred Renenue 0.00 ========== TOTAL LIABILITIES 5,862.12 CAPITAL Fund Balance 222,128.80 Income minus Expenditures 231,003.26 ============== TOTAL CAPITAL PLUS LIABILITIES 458,994.18