Appendix II

Financial Statements

APP 2-1. COMBINED RECORD PLANT INC AND SUBSIDIARIES, ALL DIVISIONS—ASSETS

BALANCE SHEET

 

ASSETS

 

Current Assets

 

 

Cash in Bank and on Hand

64,096.54

 

Accounts Receivable

392,494.36

 

Receivables from Related CO's

214,633.59

 

Tape Inventory

19,078.87

 

Prepaid Expenses

      27,768.79

 

Total Current Assets

 

718,072.15

 

 

 

Fixed Assets

 

 

Land Purchase

900,000.00

Parking Lot

138,000.00

Leasehold Improvements

2,659,930.98

Recording Equipment

2,999,195.05

Furniture & Fixtures

281,111.04

Office Equipment

161,007.50

Film Equipment

109,512.02

Computer Software

31,229.98

Trucks & Automobiles

125,711.64

Depreciation and Amortization

   (3,169,773.50)

Total Fixed Assets ...

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