May 31, 05
ASSETS
	Current Assets
		Checking/Savings
			Money Market		10,041.67
			Checking		6,811.54
		Total Checking/Savings			16,853.21
		Accounts Receivable
			1200 · Accounts Receivable		2,957.40
		Total Accounts Receivable			2,957.40
		Other Current Assets
			income tax Receivable		277.14
		Total Other Current Assets			277.14
	Total Current Assets				20,087.75
	Other Assets
		Office Equip & Programs			199.99
		Prepaid Insurance			3,955.00
	Total Other Assets				4,154.99
TOTAL ASSETS					24,242.74
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				2000 · *Accounts Payable	2,686.71
			Total Accounts Payable		2,686.71
		Total Current Liabilities			2,686.71
	Total Liabilities				2,686.71
	Equity
		3900 · Retained Earnings			21,563.61
		Net Income			-7.58
	Total Equity				21,556.03
TOTAL LIABILITIES & EQUITY					24,242.74