Contents
- Index
Balance Sheet
ALASKA LIMB AND BRACE
BALANCE SHEET FOR DATE 12/15/1996 AS RUN ON 12/15/1997
ACCOUNT NAME DEBIT CREDIT
------- --------------------------------------- ------------- -------
ASSETS
CASH
0001100- 0 CASH ON HAND 100 4,163.68
0001101- 0 CASH IN CHECKING 101 201,990.93
0001104- 0 MONEY MARKET-FIRST BUSINESS 104 10,747.40
0001105- 0 SPECIAL ACCT ESCROW 104-1 1,439.79
------------------------------------------- ------------- -------
TOTAL OF CASH 218,341.80
ACCOUNTS RECEIVABLE
0001120- 0 ACCOUNTS RECEIVABLE-TRADE 120 327,116.51
0001121- 0 ACCOUNTS RECEIVABLE-SUSPENSE -898.07
------------------------------------------- ------------- -------
TOTAL OF ACCOUNTS RECEIVABLE 326,218.44
PREPAIDS
0001129- 0 PREPAID INCOME TAX-FEDERAL 129- 11,780.00
0001130- 0 PREPAID INCOME TAX - STATE 129-2 5,630.00
------------------------------------------- ------------- -------
TOTAL OF PREPAIDS 17,410.00
INVENTORY
0001135- 0 INVENTORY 130 33,410.18
------------------------------------------- ------------- -------
TOTAL OF INVENTORY 33,410.18
EQUIPMENT
0001165- 0 EQUIPMENT 165 111,853.68
------------------------------------------- ------------- -------
TOTAL OF EQUIPMENT 111,853.68
COMPUTER
0001166- 0 COMPUTER 166 39,016.57
------------------------------------------- ------------- -------
TOTAL OF COMPUTER 39,016.57
VEHICLES
0001167- 0 VEHICLES 167 5,102.38
------------------------------------------- ------------- -------
TOTAL OF VEHICLES 5,102.38
LEASEHOLD IMPROVEMENTS
0001168- 0 LEASEHOLD IMPROVEMENTS 168 55,516.35
------------------------------------------- ------------- -------
TOTAL OF LEASEHOLD IMPROVEMENTS 55,516.35
ACCUMULATED DEPRECIATION
0001175- 0 ACCUM DEPREC - EQUIP 175 -65,145.18
ALASKA LIMB AND BRACE
BALANCE SHEET FOR DATE 12/15/1996 AS RUN ON 12/15/1997
ACCOUNT NAME DEBIT CREDIT
------- --------------------------------------- ------------- -------
ASSETS
ACCUMULATED DEPRECIATION
0001176- 0 ACCUM DEPREC - COMPUTER 176 -12,969.00
0001177- 0 ACCUM DEPREC - VEHICLES 177 -7,495.98
0001178- 0 ACCUM DEPREC - LEASEHOLD IMPROVEME -2,994.85
------------------------------------------- ------------- -------------
TOTAL OF ACCUMULATED DEPRECIATION -88,605.01
GOODWILL
0001190- 0 GOODWILL 204 5,000.00
------------------------------------------- ------------- -------
TOTAL OF GOODWILL 5,000.00
LIABILITIES
NOTES PAYABLE
0002225- 0 CURRENT PORTION L-T DEBT 225 164,639.39
------------------------------------------- ------------- -------
TOTAL OF NOTES PAYABLE 164,639.39
ACCOUNTS PAYABLE
0002228- 1 ADVANCE PATIENT DEPOSITS 14,914.92
0002230- 0 ACCOUNTS PAYABLE-TRADE 230 31,589.94
0002231- 0 ACCOUNTS PAYABLE - SUSPENSE -2,803.98
------------------------------------------- ------------- -------
TOTAL OF ACCOUNTS PAYABLE 43,700.88
ACCRUALS
0002236- 0 U C TAXES PAYABLE 236 -3,959.20
0002245- 0 SALES TAX WITHHOLDING 245 642.18
0002246- 0 FERERAL INCOME TAX 246 -4,471.91
0002247- 0 STATE INCOME TAX 247 -3,154.00
0002248- 0 PENSION PAYABLE - 401K 245-1 -84,728.91
------------------------------------------- ------------- -------
TOTAL OF ACCRUALS -95,671.84
NOTES PAYABLE
0002260- 0 NOTE PAYABLE - SHAREHOLDERS 260 108,736.58
0002262- 0 LESS CURRENT PORTION 262 -164,639.39
0002263- 0 AND OUTSTANDING 302 7,000.00
------------------------------------------- ------------- -------
TOTAL OF NOTES PAYABLE -48,902.81
------------------------------------------------- ------------- -------
TOTAL OF ALL LIABILITIES 63,765.62
EQUITY
RETAINED EARNINGS
ALASKA LIMB AND BRACE
BALANCE SHEET FOR DATE 12/15/1996 AS RUN ON 12/15/1997
ACCOUNT NAME DEBIT CREDIT
------- --------------------------------------- ------------- -------
LIABILITIES
EQUITY
0003100- 0 RETAINED EARNINGS 860 308,604.10
- 1 CURRENT YEAR EARNINGS 350,894.67
------------------------------------------- ------------- -------
TOTAL OF RETAINED EARNINGS 659,498.77
------- --------------------------------------- ------------- ---------TOTAL BALANCE SHEET...... .......... ....... 723,264.39 723,264.39
=========== ==========