2000 Balance Sheet

          Dec 31, '01   Dec 31, '00
ASSETS              
  Current Assets           
    Checking/Savings          
      Fleet (Bank Boston)        
        Checking - Fleet 19,924.14   40,065.34
        Companion Savings - Fleet 49,757.73   49,757.73
      Total Fleet (Bank Boston)   69,681.87   89,823.07
      Fidelity Cash Reserves   58,697.10   58,697.10
      PaineWebber        
        Cash Account - PaineWebber 738.75   738.75
        Equities 2,975.00   2,975.00
        Government Sec.- PaineWebber 25,039.25   25,039.25
        Mutual Fund - Washington 26,104.67   26,104.67
        Money Mkt - PaineWebber 33,407.89   33,407.89
      Total PaineWebber   88,265.56   88,265.56
    Total Checking/Savings   216,644.53   236,785.73
    Accounts Receivable        
      Accounts Receivable 4,540.80   0.00
    Total Accounts Receivable   4,540.80   0.00
    Other Current Assets        
      Undeposited Funds   19,852.50   779.50
    Total Other Current Assets   19,852.50   779.50
  Total Current Assets     241,037.83   237,565.23
  Fixed Assets          
    Equipment     2,857.18   2,857.18
    Accumulated Depreciation   -1,806.00   -1,806.00
  Total Fixed Assets     1,051.18   1,051.18
TOTAL ASSETS       242,089.01   238,616.41
LIABILITIES & EQUITY          
  Liabilities            
    Current Liabilities          
      Other Current Liabilities      
        Jrnl Subscrptn Payable to Wiley 90.00   0.00
      Total Other Current Liabilities  90.00   0.00
    Total Current Liabilities   90.00   0.00
  Total Liabilities      90.00   0.00
  Equity            
    General Fund     260,339.29   260,339.29
    Retained Earnings     -21,722.88   -25,780.90
    Net Income     3,382.60   4,058.02
  Total Equity      241,999.01   238,616.41
TOTAL LIABILITIES & EQUITY     242,089.01   238,616.41

Last Updated on 2/26/2001
By Jack Pugh