BUSINESS SOLUTIONS WORKING TRIAL BALANCE PAGE: 1 DECEMBER 31, 1999 ----------------------------------------------------------------------------------------------------------------------------------- CURRENT ADJUSTMENT ADJUSTMENT ADJUSTED G/L ENDING DEBIT CREDIT ENDING ACCOUNT DESCRIPTION BALANCE BALANCE ----------------------------------------------------------------------------------------------------------------------------------- CURRENT ASSETS 101-00 CASH (44,441.90) ................ ................ ................ 102-00 CASH OPERATING .00 ................ ................ ................ 109-00 CASH ON HAND .00 ................ ................ ................ 111-00 ACCOUNTS RECEIVABLE 360,429.13 ................ ................ ................ 121-00 PREPAID EXPENSES .00 ................ ................ ................ 131-00 INVENTORY .00 ................ ................ ................ ---------------- TOTAL CURRENT ASSETS 315,987.23 LONG TERM INVESTMENTS 171-00 FURNITURE & EQUIPMENT 309,528.46 ................ ................ ................ 172-00 ACCUMULATED DEPRECIATION .00 ................ ................ ................ 180-00 DEPOSITS .00 ................ ................ ................ ---------------- TOTAL LONG TERM INVESTMENTS 309,528.46 CURRENT LIABILITIES 201-00 ACCOUNTS PAYABLE (55,320.99) ................ ................ ................ 210-00 TAXES PAYABLE 11,589.09 ................ ................ ................ 211-00 EMPLOYMENT TAXES PAYABLE 1,263.52 ................ ................ ................ 212-00 FEDERAL INC TAX PAYABLE 41,988.01 ................ ................ ................ 213-00 STATE INC TAX PAYABLE .00 ................ ................ ................ 214-00 SALES TAX PAYABLE 448.86 ................ ................ ................ ---------------- TOTAL CURRENT LIABILITIES (31.51) BUSINESS SOLUTIONS WORKING TRIAL BALANCE PAGE: 2 DECEMBER 31, 1999 ----------------------------------------------------------------------------------------------------------------------------------- CURRENT ADJUSTMENT ADJUSTMENT ADJUSTED G/L ENDING DEBIT CREDIT ENDING ACCOUNT DESCRIPTION BALANCE BALANCE ----------------------------------------------------------------------------------------------------------------------------------- LONG TERM LIABILITIES ---------------- TOTAL LONG TERM LIABILITIES .00 RETAINED EARNINGS 251-00 NOTE PAYABLE-BANK .00 ................ ................ ................ 291-00 COMMON STOCK .00 ................ ................ ................ 296-00 RETAINED EARNINGS .00 ................ ................ ................ 297-00 CURRENT EARNINGS .00 ................ ................ ................ ---------------- TOTAL RETAINED EARNINGS .00 SALES - REVENUE 301-00 SALES (4,675,162.34) ................ ................ ................ 301-01 SALES - DEPT 1 .00 ................ ................ ................ 301-02 SALES-DEPT 2 .00 ................ ................ ................ 301-04 SALES-OTHER (62,680.32) ................ ................ ................ 311-00 SERVICE 10,412.24 ................ ................ ................ 311-01 SERVICE-DEPT 1 .00 ................ ................ ................ 311-02 SERVICE-DEPT 2 .00 ................ ................ ................ 321-00 RETURNS & ALLOWANCES .00 ................ ................ ................ 321-01 RET & ALLOWANCES-DEPT 2 .00 ................ ................ ................ 321-02 RET & ALLOWANCES-DEPT 2 .00 ................ ................ ................ ---------------- TOTAL SALES - REVENUE (4,727,430.42) COST OF SALES 411-00 COST OF SALES 4,257,152.17 ................ ................ ................ BUSINESS SOLUTIONS WORKING TRIAL BALANCE PAGE: 3 DECEMBER 31, 1999 ----------------------------------------------------------------------------------------------------------------------------------- CURRENT ADJUSTMENT ADJUSTMENT ADJUSTED G/L ENDING DEBIT CREDIT ENDING ACCOUNT DESCRIPTION BALANCE BALANCE ----------------------------------------------------------------------------------------------------------------------------------- 411-01 COST OF SALES-PURCHASES 2 333,539.18 ................ ................ ................ 411-02 COST OF SALES-PURCHASES 144,855.74 ................ ................ ................ 421-00 FREIGHT 238,757.56 ................ ................ ................ 421-01 FREIGHT - DEPT 1 .00 ................ ................ ................ 421-02 FREIGHT-DEPT 2 .00 ................ ................ ................ 431-00 OTHER COST OF SALES .00 ................ ................ ................ 431-01 COST OF SALES-OTHER .00 ................ ................ ................ 431-02 COST OF SALES-OTHER .00 ................ ................ ................ ---------------- TOTAL COST OF SALES 4,974,304.65 GENERAL & ADMINISTRATIVE 501-00 SALARIES 1,340,755.79 ................ ................ ................ 501-01 SALARIES-DEPT 1 .00 ................ ................ ................ 501-02 SALES-DEPT 2 .00 ................ ................ ................ 501-04 SALARIES .00 ................ ................ ................ 509-00 PAYROLL TAXES 490,506.46 ................ ................ ................ 511-00 RENT 115,600.00 ................ ................ ................ 512-00 OFFICE EXPENSES 66,746.71 ................ ................ ................ 513-00 TELEPHONE 72,797.32 ................ ................ ................ 514-00 UTILITIES 34,279.57 ................ ................ ................ 521-00 ADVERTISING 88,622.89 ................ ................ ................ 522-00 INSURANCE 166,717.24 ................ ................ ................ 523-00 PROFESSIONAL FEES 101,386.45 ................ ................ ................ 531-00 DEPRECIATION .00 ................ ................ ................ BUSINESS SOLUTIONS WORKING TRIAL BALANCE PAGE: 4 DECEMBER 31, 1999 ----------------------------------------------------------------------------------------------------------------------------------- CURRENT ADJUSTMENT ADJUSTMENT ADJUSTED G/L ENDING DEBIT CREDIT ENDING ACCOUNT DESCRIPTION BALANCE BALANCE ----------------------------------------------------------------------------------------------------------------------------------- 532-00 INTEREST EXPENSES 26,998.64 ................ ................ ................ 533-00 MISC. EXPENSES 375,509.09 ................ ................ ................ 650-00 INCOME TAXES .00 ................ ................ ................ ---------------- TOTAL GENERAL & ADMINISTRATIVE 2,879,920.16 ----------------