White Pine Library Cooperative BALANCE SHEET January 31, 2004 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 423,629.49 Cert. of Deposit -0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 22,791.41 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 0.00 ============== TOTAL ASSETS 447,020.90 LIABILITIES Accounts Payable 21,693.92 Accrued Accounts Payable -0.00 Sales Tax Payable 0.00 Accrued Payroll 0.00 Accrued Benefits 0.00 Deferred Renenue 0.00 TOTAL LIABILITIES 21,693.92 CAPITAL Fund Balance 284,851.77 Income minus Expenditures 139,799.36 ============== TOTAL CAPITAL PLUS LIABILITIES 446,345.05