White Pine Library Cooperative BALANCE SHEET September 30, 2003 Account Name Balance YTD ------------------------- -------------- ASSETS Petty Cash 500.00 Checking Account 305,138.97 Cert. of Deposit -0.00 Payroll 100.00 Escrow 0.00 Accounts Receivable 1,997.55 Inventory -0.00 Prepaid Expenses 0.00 Grants Receivable -0.00 Credit Receivable 248.50 ============= TOTAL ASSETS 307,985.02 LIABILITIES Accounts Payable 113.56 Accrued Accounts Payable 0.00 Sales Tax Payable 0.00 Accrued Payroll 0.00 Accrued Benefits 0.00 Deferred Renenue 0.00 TOTAL LIABILITIES 113.56 CAPITAL Fund Balance 234,592.62 Income minus Expenditures 73,225.54 ============= TOTAL CAPITAL PLUS LIABILITIES 307,931.72