Cash Accounts Receivable-Trade

1,396,000 500,000 5,780,000 85,000

500,000 55,000 97,000
85,000 3,250 5,780,000 182,000
15,000 (182,000)
123,000 5,598,000
12,500
2,131,500 558,250
(558,250)
1,573,250 Notes Receivable
1,500,000

Allowance for Doubtful Accounts Interest Receivable

97,000 166,000 34,667
112,860
278,860
(97,000) Engines- Inventory
181,860 6,500,000 1,700,000
6,500,000
(1,700,000)
Spare Parts - Inventory 4,800,000
7,280,000 85,700
99,000
7,379,000 85,700
(85,700) Gas and Oil - Inventory
7,293,300 477,000

Prepayments Aircrafts
600,000 150,000 28,750,000 1,300,000
600,000 150,000 1,700,000
(150,000) 700,000
450,000 31,150,000 1,300,000
(1,300,000)
29,850,000
Delivery Equipment
2,600,000 175,000
2,600,000 175,000 Office and Furniture Equipment
(175,000) 1,380,000
2,425,000
 Tools and Equipment Leasehold Improvement
920,000 780,000

Accumulated Depreciation Other Assets

1,300,000 7,280,000 1,350,000 15,000
190,000 99,900 1,350,000 15,000
19,500 15,000
1,490,000 739,400 1,335,000
1,490,000
5,909,400

Accounts Payable Accrued Expenses

1,000,000 7,058,000 249,000
99,900 81,540
1,000,000 7,157,000 330,540
1,000,000
6,157,000

Interest Payable Income Tax Payable

350,000 1,589,000
309,721
1,898,721

Dividends Payable Other Liabilities

2,400,000 1,754,000
4,000,000 22,500
6,000,000 1,000,000
2,776,500

Current Portion of Long term NP Notes Payable

300,000 600,000
 Bonds Payable Discount on Bonds Payable
10,000,000 1,000,000 100,000
1,000,000
(100,000)
Discounnt on Notes Payable 900,000
200,000

Revenue Aviation Gas annd Oil

23,000 42,800,000 15,170,000
55,000 123,000
78,000 42,923,000
(78,000) Aviation Insurance
42,845,000 4,500,000

Depreciation- Aircrafts Pilots Salaries

4,250,000 3,250,000
99,900 34,520
4,349,900 3,284,250

Parts and Accessories Operating Expenses

2,980,000 7,480,000 780,000
85,700 112,860
3,065,700 150,000
19,500
47,020
Other Income 7,809,380 780,000
720,000 (780,000)
500 7,029,380
12,500
34,667
15,000 Other Charges
782,667 1,350,000 1,000,000
3,250
350,000
100,000
1,803,250 1,000,000
(1,000,000)
803,250
ivable-Trade
85,000
97,000
182,000

eivable

ceivable

ventory
1,700,000

Inventory

fts
1,300,000

1,300,000

ure Equipment
provement

ssets
15,000
15,000

xpenses
249,000
81,540
330,540

Payable
1,589,000
309,721
1,898,721

bilities
1,754,000
22,500
1,000,000
2,776,500

yable
600,000
nds Payable
100,000

annd Oil

surance

laries

Expenses
780,000

780,000

arges
1,000,000

1,000,000