White Pine Library Cooperative BALANCE SHEET July 31, 2004 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 306,659.18 Cert. of Deposit -0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 3,629.29 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 0.00 ============== TOTAL ASSETS 310,888.47 LIABILITIES Accounts Payable 0.06 Retirement Payable -360.00 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 1,926.02 CAPITAL Fund Balance 284,851.77 Income minus Expenditures 24,110.68 ============== TOTAL CAPITAL PLUS LIABILITIES 310,888.47