May 31, 08
ASSETS
	Current Assets
		Checking/Savings
			Homestreet CD(2)		11,107.99
			Homestreet CD		10,819.17
			Checking		3,391.87
		Total Checking/Savings			25,319.03
		Accounts Receivable
			1200 · Accounts Receivable		2,145.79
		Total Accounts Receivable			2,145.79
		Other Current Assets
			1499 · Undeposited Funds		-664.99
		Total Other Current Assets			-664.99
	Total Current Assets				26,799.83
	Other Assets
		Office Equip & Programs			199.99
		Prepaid Insurance			2,215.00
	Total Other Assets				2,414.99
TOTAL ASSETS					29,214.82
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				2000 · *Accounts Payable	850.91
			Total Accounts Payable		850.91
		Total Current Liabilities			850.91
	Total Liabilities				850.91
	Equity
		3000 · Opening Bal Equity			128.12
		3900 · Retained Earnings			27,080.34
		Net Income			1,155.45
	Total Equity				28,363.91
TOTAL LIABILITIES & EQUITY					29,214.82