Balance Sheet (Projected)

ANKUR

Beginning Projected
as of mm/dd/yyyy as of mm/dd/yyyy
Assets

Current Assets
Cash in bank $137,000
Accounts receivable - -
Inventory - -
Prepaid expenses - -
Other current assets - -
Total Current Assets $- $137,000

Fixed Assets
Machinery & equipment
Furniture & fixtures
Leasehold improvements
Land & buildings
Other fixed assets
(LESS accumulated depreciation
on all fixed assets)
Total Fixed Assets (net of
depreciation)
$- $620,000
- 32,500
- -
- -
- 4,000
- (30,000)
$- $626,500

Other Assets
Intangibles $- $-
Deposits - -
Goodwill - -
Other - -
Total Other Assets $- $-

TOTAL Assets $- $763,500

Liabilities and Equity

Current Liabilities
Accounts payable $- $-
Interest payable - -
Taxes payable - -
Notes, short-term (due within 12
months) - -
Current part, long-term debt - -
Other current liabilities - 31,300
Total Current Liabilities $- $31,300

Long-term Debt
Bank loans payable $- $362,500
Total Long-term Debt $- $362,500

Total Liabilities $- $393,800

Owners' Equity
Invested capital $- $-
Retained earnings - beginning - -
Retained earnings - current - 369,700
Total Owners' Equity $- $369,700

Total Liabilities & Equity $- $763,500