|
|
Good News Statement of Financial Position December 31, 1997 and 1996 |
|
1997 |
1996 |
||||
| Current Assets | |||||
| Cash |
$ |
131,569 |
$ |
194,329 |
|
| Accounts Receivable |
23,939 |
20,860 |
|||
| Prepaid Expenses |
21,378 |
16,343 |
|||
| Restricted Assets | |||||
|
|
Cash |
54,369 |
15,014 |
||
|
|
Investments |
128,743 |
41,189 |
||
| Property, plant and equipment, less accumulated depreciation of $174,008 and $154,508 respectively |
99,910 |
90,198 |
|||
Total assets |
$ |
459,908 |
$ |
377,933 |
|
|
|
|
| Liabilities | |||||
| Accounts Payable |
$ |
$44,783 |
$ |
21,379 |
|
| Payroll Taxes Due |
129 |
6,342 |
|||
Total liabilities |
$ |
44,912 |
$ |
27,721 |
|
| Net Assets | |||||
| Unrestricted |
$ |
414,996 |
$ |
350,212 |
|
| Temporarily Restricted |
-- |
-- |
|||
| Permanently Restricted |
-- |
-- |
|||
|
|
Total liabilities & net worth |
$ |
459,908 |
$ |
377,933 |
|
|
|
