|
MONTHLY FINANCIAL STATEMENTS FOR THE FIRST
YEAR OF OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Air Lounge Balance Sheet for the year 2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1/31/2007 |
2/28/2007 |
3/31/2007 |
4/30/2007 |
5/31/2007 |
6/30/2007 |
7/31/2006 |
8/31/2007 |
9/30/2007 |
10/31/2007 |
11/30/2007 |
12/31/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$178,232.00
|
$153,343.91
|
$157,912.15
|
$144,157.18
|
$159,487.05
|
$194,779.60
|
$211,463.38
|
$263,174.74
|
$283,023.85
|
$241,894.63
|
$233,978.07
|
$235,555.16
|
Merchandise Inventory |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
5,000.00 |
Prepaid Expenses |
5,960.39 |
5,418.53 |
4,876.68 |
4,334.83 |
3,792.97 |
3,251.12 |
2,709.27 |
2,167.41 |
1,625.56 |
1,083.71 |
541.85 |
0 |
Total Current Assets |
189,192.38 |
163,762.44 |
167,788.83 |
153,492.00 |
168,280.02 |
203,030.72 |
219,172.64 |
270,342.15 |
289,649.41 |
247,978.34 |
239,519.92 |
240,555.16 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Assets, net of depreciation: |
|
|
|
|
|
|
|
|
|
|
|
Furniture and Fixtures |
145,839.05 |
144,613.52 |
143,387.98 |
142,162.44 |
140,936.90 |
139,711.36 |
138,485.83 |
137,260.29 |
136,034.75 |
134,809.21 |
133,583.67 |
132,358.13 |
Equipment |
28,826.86 |
28,502.65 |
28,178.45 |
27,854.24 |
27,530.03 |
27,205.83 |
26,881.62 |
26,557.41 |
26,233.21 |
25,909.00 |
25,584.79 |
25,260.59 |
Leasehold Improvements |
26,943.23 |
26,792.71 |
26,642.19 |
26,491.67 |
26,341.15 |
26,190.63 |
26,040.10 |
25,889.58 |
25,739.06 |
25,588.54 |
25,438.02 |
25,287.50 |
Total Fixed Assets |
201,609.14 |
199,908.88 |
198,208.61 |
196,508.35 |
194,808.08 |
193,107.82 |
191,407.55 |
189,707.28 |
188,007.02 |
186,306.75 |
184,606.49 |
182,906.22 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets |
390,801.53 |
363,671.32 |
365,997.44 |
350,000.35 |
363,088.10 |
396,138.54 |
410,580.19 |
460,049.44 |
477,656.43 |
434,285.09 |
424,126.41 |
423,461.38 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND CAPITAL |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts Payable |
32,406.61 |
31,719.36 |
31,023.96 |
30,320.29 |
29,608.27 |
28,887.80 |
28,158.77 |
27,421.08 |
26,674.63 |
25,919.32 |
25,155.04 |
24,381.68 |
Sales Taxes Payable |
9,890.04 |
18,365.54 |
29,117.36 |
11,585.98 |
23,169.44 |
36,295.58 |
14,492.94 |
28,887.89 |
40,820.59 |
10,374.95 |
20,161.98 |
30,682.65 |
Total Current Liabilities |
42,296.65 |
50,084.90 |
60,141.32 |
41,906.27 |
52,777.71 |
65,183.37 |
42,651.71 |
56,308.97 |
67,495.22 |
36,294.27 |
45,317.01 |
55,064.33 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-Term Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
Long-Term Notes Payable |
245,000.00 |
242,828.12 |
240,630.44 |
238,406.67 |
236,156.48 |
233,879.58 |
231,575.64 |
229,244.34 |
226,885.36 |
224,498.36 |
222,083.02 |
219,639.00 |
Total Long-Term Liabilities |
245,000.00 |
242,828.12 |
240,630.44 |
238,406.67 |
236,156.48 |
233,879.58 |
231,575.64 |
229,244.34 |
226,885.36 |
224,498.36 |
222,083.02 |
219,639.00 |
Total Liabilities |
287,296.65 |
292,913.02 |
300,771.76 |
280,312.93 |
288,934.20 |
299,062.96 |
274,227.35 |
285,553.31 |
294,380.58 |
260,792.63 |
267,400.04 |
274,703.33 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital: |
|
|
|
|
|
|
|
|
|
|
|
|
Owner's Equity |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
120,000.00 |
Net Profit |
-16,495.12 |
-49,241.70 |
-54,774.32 |
-50,312.59 |
-45,846.09 |
-22,924.42 |
16,352.84 |
54,496.13 |
63,275.85 |
53,492.45 |
36,726.37 |
28,758.05 |
Total Capital |
103,504.88 |
70,758.30 |
65,225.68 |
69,687.41 |
74,153.91 |
97,075.58 |
136,352.84 |
174,496.13 |
183,275.85 |
173,492.45 |
156,726.37 |
148,758.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities
and Capital |
$390,801.53 |
$363,671.32 |
$365,997.44 |
$350,000.35 |
$363,088.10 |
$396,138.54 |
$410,580.19 |
$460,049.44 |
$477,656.43 |
$434,285.09 |
$424,126.41 |
$423,461.38 |
|
|
|
|
|
Air Lounge Income Statement for the year 2007 |
|
|
|
|
|
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Sales |
$118,090.00
|
$101,200.00
|
$128,380.00
|
$138,340.00
|
$138,310.00
|
$156,730.00
|
$173,050.00
|
$171,880.00
|
$142,480.00
|
$123,880.00
|
$116,860.00
|
$125,620.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Advertising |
42,570.79 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
Bank Charges |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
Depreciation |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
1,700.27 |
Insurance |
|
500 |
500 |
500 |
500 |
500 |
500 |
500 |
500 |
500 |
500 |
500 |
500 |
Interest |
|
3,255.54 |
3,221.99 |
3,188.04 |
3,153.68 |
3,118.92 |
3,083.74 |
3,048.15 |
3,012.13 |
2,975.69 |
2,938.81 |
2,901.50 |
2,863.74 |
Miscellaneous |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
3,041.85 |
Rent |
|
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
Telephone |
|
150 |
150 |
150 |
150 |
150 |
150 |
150 |
150 |
150 |
150 |
150 |
150 |
Utilities |
|
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
1,000.00 |
Wages |
|
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
Total
Expenses |
134,585.12 |
133,946.58 |
133,912.62 |
133,878.27 |
133,843.50 |
133,808.33 |
133,772.73 |
133,736.72 |
133,700.27 |
133,663.40 |
133,626.08 |
133,588.32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
($16,495.12) |
($32,746.58) |
($5,532.62) |
$4,461.73 |
$4,466.50 |
$22,921.67 |
$39,277.27 |
$38,143.28 |
$8,779.73 |
($9,783.40) |
($16,766.08) |
($7,968.32) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Air Lounge Cash Flow Statement for the year 2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning Cash Balance |
$0.00 |
$178,232.00
|
$153,343.91
|
$157,912.15
|
$144,157.18
|
$159,487.05
|
$194,779.60
|
$211,463.38
|
$263,174.74
|
$283,023.85
|
$241,894.63
|
$233,978.07
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash Inflows (Income): |
|
|
|
|
|
|
|
|
|
|
|
|
Loan Proceeds |
245,000.00 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Sales |
|
118,090.00 |
101,200.00 |
128,380.00 |
138,340.00 |
138,310.00 |
156,730.00 |
173,050.00 |
171,880.00 |
142,480.00 |
123,880.00 |
116,860.00 |
125,620.00 |
Sales Tax Receipt |
9,890.04 |
8,475.50 |
10,751.83 |
11,585.98 |
11,583.46 |
13,126.14 |
14,492.94 |
14,394.95 |
11,932.70 |
10,374.95 |
9,787.03 |
10,520.68 |
Other: Capital |
120,000.00 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Cash
Inflows |
492,980.04 |
109,675.50 |
139,131.83 |
149,925.98 |
149,893.46 |
169,856.14 |
187,542.94 |
186,274.95 |
154,412.70 |
134,254.95 |
126,647.03 |
136,140.68 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash Outflows (Expenses): |
|
|
|
|
|
|
|
|
|
|
|
Advertising |
|
42,570.79 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
41,965.80 |
Inventory Purchases |
5,000.00 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equipment |
|
147,064.59 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Leasehold improvements |
27,093.75 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Credit Card Payment |
0 |
653.69 |
661.45 |
669.31 |
677.26 |
685.3 |
693.44 |
701.67 |
710 |
718.44 |
726.97 |
735.6 |
Delivery |
|
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Health Insurance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Insurance |
|
6,000.00 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Interest |
|
0 |
3,255.54 |
3,221.99 |
3,188.04 |
3,153.68 |
3,118.92 |
3,083.74 |
3,048.15 |
3,012.13 |
2,975.69 |
2,938.81 |
2,901.50 |
Payroll |
|
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
15,600.00 |
Sales Tax |
|
0 |
0 |
0 |
29,117.36 |
0 |
0 |
36,295.58 |
0 |
0 |
40,820.59 |
0 |
0 |
Professional Fees |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Miscellaneous |
3,502.24 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
3,000.00 |
Rent or Lease |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
66,666.67 |
Taxes & Licenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Utilities & Telephone |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
1,150.00 |
Bank Service Charges |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
100 |
Subtotal |
|
314,748.04 |
132,391.70 |
132,365.91 |
161,457.18 |
132,313.41 |
132,286.68 |
168,555.22 |
132,232.29 |
132,204.60 |
172,997.18 |
132,148.24 |
132,119.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Cash Out Flows: |
|
|
|
|
|
|
|
|
|
|
|
|
Loan Principal |
0 |
2,171.89 |
2,197.68 |
2,223.77 |
2,250.18 |
2,276.90 |
2,303.94 |
2,331.30 |
2,358.98 |
2,387.00 |
2,415.34 |
2,444.02 |
Owner's Draw |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Subtotal |
|
0 |
2,171.89 |
2,197.68 |
2,223.77 |
2,250.18 |
2,276.90 |
2,303.94 |
2,331.30 |
2,358.98 |
2,387.00 |
2,415.34 |
2,444.02 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Cash Outflows |
314,748.04 |
134,563.59 |
134,563.59 |
163,680.95 |
134,563.59 |
134,563.59 |
170,859.16 |
134,563.59 |
134,563.59 |
175,384.17 |
134,563.59 |
134,563.59 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET INCREASE (DECREASE) |
178,232.00 |
-24,888.09 |
4,568.24 |
-13,754.97 |
15,329.88 |
35,292.55 |
16,683.78 |
51,711.36 |
19,849.11 |
-41,129.22 |
-7,916.56 |
1,577.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Cash Balance |
$178,232.00 |
$153,343.91 |
$157,912.15 |
$144,157.18 |
$159,487.05 |
$194,779.60 |
$211,463.38 |
$263,174.74 |
$283,023.85 |
$241,894.63 |
$233,978.07 |
$235,555.16 |
|
|
ANNUAL FINANCIAL STATEMENTS |
|
|
|
Air Lounge Balance Sheets
for the Years ended December 31st |
|
|
|
Assets |
|
|
|
|
|
|
|
Current Assets: |
|
|
|
Cash |
|
235,555.16 |
|
347,868.87 |
|
581,326.50 |
|
|
Merchandise Inventory |
5,000.00 |
|
5,000.00 |
|
5,000.00 |
|
|
Total Current Assets |
240,555.16 |
|
352,868.87 |
|
586,326.50 |
|
|
|
|
|
|
|
|
Furniture and Fixtures |
132,358.13 |
|
117,651.67 |
|
102,945.22 |
|
|
Equipment |
|
25,260.59 |
|
21,370.11 |
|
17,479.63 |
|
|
Leasehold Imporvements |
25,287.50 |
|
25,287.50 |
|
25,287.50 |
|
|
Total Fixed Assets |
182,906.22 |
|
164,309.29 |
|
145,712.35 |
|
|
|
|
|
$423,461.38 |
|
$517,178.15 |
|
$732,038.85 |
|
|
|
|
|
|
|
|
LIABILITIES AND CAPITAL |
|
|
|
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
24,381.68 |
|
14,352.94 |
|
2,797.96 |
|
|
Sales Taxes Payable |
30,682.65 |
|
33,999.15 |
|
38,079.45 |
|
|
Total Current Liabilities |
55,064.33 |
|
48,352.09 |
|
40,877.41 |
|
|
|
|
|
Long Term Liabilities |
|
|
|
Long Term Nptes Payable |
219,639.00 |
|
187,945.37 |
|
151,428.44 |
|
|
Total Long Term
Liabilities |
219,639.00 |
|
187,945.37 |
|
151,428.44 |
|
|
|
|
|
Total Liabilities |
274,703.33 |
|
236,297.46 |
|
192,305.85 |
|
|
|
|
|
Capital |
|
|
|
|
Owners Equity |
120,000.00 |
|
120,000.00 |
|
120,000.00 |
|
|
Net Profit |
|
28,758.05 |
|
160,880.69 |
|
419,733.00 |
|
|
Total Capital |
|
148,758.05 |
|
280,880.69 |
|
539,733.00 |
|
|
|
|
|
Total Liabilities and
Capital |
$423,461.38 |
|
$517,178.15 |
|
$732,038.85 |
|
|
|
AirLounge Inc. |
|
|
|
|
|
|
|
Income Statement |
|
|
|
|
|
|
|
For the Years Ended
December 31, |
|
|
|
|
|
|
|
|
|
|
|
|
|
2007 |
|
2008 |
|
2009 |
|
|
|
|
|
|
|
|
|
|
|
Revenue: |
|
|
|
|
|
|
|
|
Gross Sales |
$1,634,820.00
|
|
$1,813,470.00
|
|
$2,031,120.00
|
|
|
|
|
|
|
|
|
|
|
|
Expenses: |
|
|
|
|
|
|
|
|
Advertising |
504,194.59 |
|
559,922.00 |
|
627,078.90 |
|
|
|
Bank Charges |
1,200.00 |
|
1,260.00 |
|
1,323.00 |
|
|
|
Depreciation |
20,403.19 |
|
18,596.94 |
|
18,596.94 |
|
|
|
Insurance |
6,000.00 |
|
6,300.00 |
|
6,615.00 |
|
|
|
Miscellaneous |
36,502.24 |
|
38,327.35 |
|
40,243.72 |
|
|
|
Rent |
800,000.00 |
|
824,000.00 |
|
848,720.00 |
|
|
|
Telephone |
1,800.00 |
|
1,890.00 |
|
1,984.50 |
|
|
|
Utilities |
12,000.00 |
|
12,600.00 |
|
13,230.00 |
|
|
|
Wages |
187,200.00 |
|
187,200.00 |
|
187,200.00 |
|
|
|
Interest |
36,761.94 |
|
31,251.07 |
|
27,275.63 |
|
|
|
Total Expenses |
1,606,061.95 |
|
1,681,347.36 |
|
1,772,267.69 |
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
$28,758.05 |
|
$132,122.64 |
|
$258,852.31 |
|
|
|
AirLounge Inc. |
|
|
|
|
|
|
|
Cash Flow Budget |
|
|
For the Years ended December 31, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2007 |
|
2008 |
|
2009 |
|
|
|
|
|
|
|
|
|
|
|
Beginning Cash Balance |
$0.00 |
|
$235,555.16
|
|
$347,868.87
|
|
|
|
|
|
|
|
|
|
|
|
Cash Inflows (Income): |
|
|
|
|
|
|
|
|
Loan Proceeds |
245,000.00 |
|
0 |
|
0 |
|
|
|
Sales |
1,634,820.00 |
|
1,813,470.00 |
|
2,031,120.00 |
|
|
|
Sales Tax Receipt |
136,916.18 |
|
151,878.11 |
|
170,106.30 |
|
|
|
Other: Capital |
120,000.00 |
|
0 |
|
0 |
|
|
|
Total Cash Inflows |
2,136,736.18 |
|
1,965,348.11 |
|
2,201,226.30 |
|
|
|
|
|
|
0 |
|
0 |
|
|
Cash Outflows (Expenses): |
|
|
|
|
|
|
|
|
Advertising |
504,194.59 |
|
559,922.00 |
|
627,078.90 |
|
|
|
Bank Service Charges |
1,200.00 |
|
1,260.00 |
|
1,323.00 |
|
|
|
Credit Card Payment |
7,633.12 |
|
9,539.11 |
|
10,990.82 |
|
|
|
Insurance |
6,000.00 |
|
6,300.00 |
|
6,615.00 |
|
|
|
Interest |
33,898.20 |
|
31,740.71 |
|
27,839.79 |
|
|
|
Inventory Purchases |
5,000.00 |
|
0 |
|
0 |
|
|
|
Miscellaneous |
36,502.24 |
|
38,327.35 |
|
40,243.72 |
|
|
|
Payroll |
187,200.00 |
|
187,200.00 |
|
187,200.00 |
|
|
|
Sales Tax |
106,233.53 |
|
148,561.61 |
|
166,026.00 |
|
|
|
Rent or Lease |
800,000.00 |
|
824,000.00 |
|
848,720.00 |
|
|
|
Equipment |
147,064.59 |
|
0 |
|
0 |
|
|
|
Leasehold improvements |
27,093.75 |
|
0 |
|
0 |
|
|
|
Utilities & Telephone |
13,800.00 |
|
14,490.00 |
|
15,214.50 |
|
|
|
Other |
1,875,820.02 |
|
1,821,340.78 |
|
1,931,251.73 |
|
|
|
|
|
|
|
|
|
|
|
Other Cash Out Flows: |
|
|
|
|
|
|
|
|
Loan Principal |
25,361.00 |
|
31,693.63 |
|
36,516.93 |
|
|
|
Owner's Draw |
0 |
|
0 |
|
0 |
|
|
|
Subtotal |
25,361.00 |
|
31,693.63 |
|
36,516.93 |
|
|
|
|
|
|
|
|
|
|
|
|
Total Cash Outflows |
1,901,181.02 |
|
1,853,034.40 |
|
1,967,768.66 |
|
|
|
|
|
|
|
|
|
|
|
|
NET INCREASE (DECREASE) |
235,555.16 |
|
112,313.71 |
|
233,457.64 |
|
|
|
|
|
|
|
|
|
|
|
Ending Cash Balance |
$235,555.16 |
|
$347,868.87 |
|
$581,326.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|