White Pine Library Cooperative BALANCE SHEET June 30, 2004 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 350,350.77 Cert. of Deposit -0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 2,905.85 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 0.00 ============== TOTAL ASSETS 353,856.62 LIABILITIES Accounts Payable 0.00 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 1,566.02 CAPITAL Fund Balance 284,851.77 Income minus Expenditures 67,438.83 ============== TOTAL CAPITAL PLUS LIABILITIES 353,856.62