White Pine Library Cooperative BALANCE SHEET August 30, 2004 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 266,384.40 Cert. of Deposit -0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 4,622.50 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 0.00 ============== TOTAL ASSETS 271,606.90 LIABILITIES Accounts Payable 3,330.67 Retirement Payable 318.61 Accrued Accounts Payable -0.00 Sales Tax Payable 0.00 Accrued Payroll 0.00 Accrued Benefits 0.00 Lease payable 342.58 Copier lease payable 1,223.44 Deferred Renenue 0.00 ============== TOTAL LIABILITIES 5,215.30 CAPITAL Fund Balance 284,851.77 Income minus Expenditures -18,460.17 ============== TOTAL CAPITAL PLUS LIABILITIES 271,606.90