Exhibit 99.1
In re TeleVideo, Inc. |
| Case No. 06-10242(KG) |
Debtor |
| Reporting Period: April 1 - 30, 2006 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
Amounts reported should be from the debtor’s books and not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the “CURRENT MONTH - ACTUAL” column must equal the sum of the four bank account columns. Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON’T)]
|
| BANK ACCOUNTS |
| CURRENT MONTH |
| CUMULATIVE FILING |
| Prev. Month |
|
|
| ||||||||||||
|
| OPER |
| PAYROLL |
| TAX |
| OTHER |
| ACTUAL |
| PROJECTED |
| ACTUAL |
| PROJECTED |
|
|
|
|
|
|
|
CASH BEGINNING OF MONTH |
| 103,093 |
|
|
|
|
| 628,313 |
| 731,406 |
|
|
| 730,100 |
|
|
| 730,100 |
|
|
| Beg. Bal. |
|
Adjustment for previous balance |
| 10 |
|
|
|
|
|
|
| 10 |
|
|
| (22,077 | ) |
|
| (22,087 | ) |
|
|
|
|
Adjusted beginning balance |
| 103,103 |
| — |
| — |
| 628,313 |
| 731,416 |
| — |
| 708,023 |
| — |
| 708,013 |
|
|
|
|
|
RECEIPTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CASH SALES |
|
|
|
|
|
|
|
|
| — |
|
|
| — |
|
|
| — |
|
|
|
|
|
ACCOUNTS RECEIVABLE |
| 132,295 |
|
|
|
|
| 27,931 |
| 160,226 |
|
|
| 243,823 |
|
|
| 83,597 |
|
|
|
|
|
LOANS AND ADVANCES |
|
|
|
|
|
|
|
|
| — |
|
|
| — |
|
|
| — |
|
|
|
|
|
SALE OF ASSETS |
|
|
|
|
|
|
|
|
| — |
|
|
| — |
|
|
| — |
|
|
|
|
|
OTHER (ATTACH LIST) - Interest income |
|
|
| — |
| — |
|
|
|
|
|
|
| 367 |
|
|
| 367 |
|
|
|
|
|
TRANSFERS (FROM DIP ACCTS) |
| — |
| 42,820 |
|
|
| 75,000 |
| 117,820 |
|
|
| 171,178 |
|
|
| 53,358 |
|
|
|
|
|
TOTAL RECEIPTS |
| 132,295 |
| 42,820 |
| — |
| 102,931 |
| 278,046 |
| — |
| 415,368 |
| — |
| 137,322 |
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DISBURSEMENTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET PAYROLL |
|
|
| 30,020 |
|
|
|
|
| 30,020 |
|
|
| 58,522 |
|
|
| 28,502 |
|
|
|
|
|
PAYROLL TAXES |
|
|
| 12,800 |
|
|
|
|
| 12,800 |
|
|
| 29,771 |
|
|
| 16,971 |
|
|
|
|
|
SALES, USE, & OTHER TAXES |
| 137 |
|
|
|
|
|
|
| 137 |
|
|
| 137 |
|
|
| — |
|
|
|
|
|
INVENTORY PURCHASES |
| — |
|
|
|
|
|
|
| — |
|
|
| 140 |
|
|
| 140 |
|
|
|
|
|
SECURED/ RENTAL/ LEASES |
| 10,638 |
|
|
|
|
|
|
| 10,638 |
|
|
| 11,276 |
|
|
| 638 |
|
|
|
|
|
INSURANCE |
| 37 |
|
|
|
|
|
|
| 37 |
|
|
| 16,534 |
|
|
| 16,497 |
|
|
|
|
|
ADMINISTRATIVE |
| 7,564 |
|
|
|
|
|
|
| 7,564 |
|
|
| 8,715 |
|
|
| 1,151 |
|
|
|
|
|
SELLING |
| 13,183 |
|
|
|
|
|
|
| 13,183 |
|
|
| 17,740 |
|
|
| 4,557 |
|
|
|
|
|
OTHER (ATTACH LIST)-Bank fees |
| 1,401 |
|
|
|
|
| 206 |
| 1,607 |
|
|
| 1,607 |
|
|
| — |
|
|
|
|
|
OWNER DRAW * |
|
|
|
|
|
|
|
|
| — |
|
|
| — |
|
|
| — |
|
|
|
|
|
TRANSFERS (TO DIP ACCTS) |
| 117,820 |
|
|
|
|
|
|
| 117,820 |
|
|
| 163,293 |
|
|
| 45,473 |
|
|
|
|
|
PROFESSIONAL FEES |
| 3,044 |
|
|
|
|
|
|
| 3,044 |
|
|
| 3,044 |
|
|
| — |
|
|
|
|
|
U.S. TRUSTEE QUARTERLY FEES |
| 500 |
|
|
|
|
|
|
| 500 |
|
|
| 500 |
|
|
| — |
|
|
|
|
|
COURT COSTS |
| 4,335 |
|
|
|
|
|
|
| 4,335 |
|
|
| 4,335 |
|
|
| — |
|
|
|
|
|
TOTAL DISBURSEMENTS |
| 158,659 |
| 42,820 |
| — |
| 206 |
| 201,685 |
|
|
| 315,614 |
|
|
| 113,929 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET CASH FLOW (RECEIPTS LESS DISBURSEMENTS) |
| (26,364 | ) | — |
| — |
| 102,725 |
| 76,361 |
|
|
| 99,754 |
|
|
| 23,393 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CASH - END OF MONTH |
| 76,739 |
| — |
| — |
| 731,038 |
| 807,777 |
| — |
| 807,777 |
| — |
| 731,406 |
|
|
|
|
|
* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE
THE FOLLOWING SECTION MUST BE COMPLETED
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS |
|
|
|
| 201,685 |
|
|
|
|
|
|
|
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS |
| (117,820 | ) |
|
|
|
|
|
| |||
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) |
| — |
|
|
|
|
|
|
| |||
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES |
| 83,865 |
|
|
|
|
|
|
|
FORM MOR-1 |
| (10/00) |
Quarterly disbursements: |
| $ | 86,865.00 |
| Apr-06 |
| 86,865 |
|
Trustee Fee: |
| $ | 750.00 |
| May-06 |
| — |
|
|
|
|
| Jun-06 |
| — |
| |
|
|
|
| Total Q2 06 |
| 86,865 |
|
Total |
| UST |
|
— |
| 250 |
|
15,000.00 |
| 500 |
|
74,999.99 |
| 750 |
|
149,999.99 |
| 1,250 |
|
224,999.99 |
| 1,500 |
|
299,999.99 |
| 3,750 |
|
999,999.99 |
| 5,000 |
|
The amount of the fee varies depending upon the amount of monies disbursed from the estate during any calendar quarter (or fraction thereof); however, a minimum fee of $250.00 is due each quarter even if no disbursements are made. The fee schedule is as follows:
FEE SCHEDULE
TOTAL QUARTERLY DISBURSEMENTS |
| QUARTERLY FEE |
| |||||
Less than $15,000.00 |
| $ | 250 |
| ||||
$15,000.00 | - | $74,999.99 |
|
| $ | 500 |
| |
$75,000.00 | - | $149,999.99 |
|
| $ | 750 |
| |
$150,000.00 | - | $224,999.99 |
|
| $ | 1,250 |
| |
$225,000.00 | - | $299,999.99 |
|
| $ | 1,500 |
| |
$300,000.00 | - | $999,999.99 |
|
| $ | 3,750 |
| |
$1,000,000.00 | - | $1,999,999.99 |
|
| $ | 5,000 |
| |
$2,000,000.00 | - | $2,999,999.99 |
|
| $ | 7,500 |
| |
$3,000,000.00 | - | $4,999,999.99 |
|
| $ | 8,000 |
| |
$5,000,000.00 | and above |
| $ | 10,000 |
| |||
Fee payments are due no later than one (1) month following the end of each quarter. The amount of the fees owed is substantiated through the filing of monthly financial reports reflecting disbursements made by the debtor during a particular quarter and is set forth on a bill transmitted from the Executive Office for the United States Trustees. In order for a plan to be confirmed, all quarterly fees must be paid, or the plan must provide for payment of all fees on the effective date of the plan. 11 U.S.C. Section 1129(a)(12).
Quarterly fees must be mailed with the proper transmittal form to:
United States Trustee
Post Office Box 198246
Atlanta, Georgia 30384
If the debtor does not have the proper form, or does not timely receive a bill for quarterly fees from the Executive Office for the United States Trustee, the debtor must contact the Office of the United States Trustee immediately.
In re TeleVideo, Inc. |
| Case No. 06-10242(KG) |
Debtor |
|
|
|
| Reporting Period: April 1 - 30, 2006 |
BANK RECONCILIATIONS
Continuation Sheet for MOR-1
A bank reconciliation must be included for each bank account. The debtor’s bank reconciliation may be substituted for this page.
|
| Operating |
| Payroll |
| Tax |
| Other |
|
|
| #65-025249-70 |
| #65-025231-70 |
| # |
| #773-016530 |
|
BALANCE PER BOOKS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BANK BALANCE |
| 80,254 |
|
|
|
|
| 731,039 |
|
(+) DEPOSITS IN TRANSIT (ATTACH LIST) |
| 1,157 |
|
|
|
|
|
|
|
(-) OUTSTANDING CHECKS (ATTACH LIST): e.g. (1,000) |
| (4,671 | ) |
|
|
|
|
|
|
OTHER (ATTACH EXPLANATION) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ADJUSTED BANK BALANCE * |
| 76,740 |
| — |
| — |
| 731,039 |
|
*“Adjusted Bank Balance” must equal “Balance per Books”
DEPOSITS IN TRANSIT |
| Date |
| Amount |
| Date |
| Amount |
|
Credit Card not posted - #10278 ARNELLINI INDUSTRIES |
| 4/28/2006 |
| 40 |
|
|
|
|
|
Credit Card not posted - #10277 CNT MICROSYSTEMS |
| 4/28/2006 |
| 837 |
|
|
|
|
|
Credit Card not posted - #10034 VA MEDICAL CENTER KANSAS |
| 4/28/2006 |
| 280 |
|
|
|
|
|
|
| Total |
| 1,157 |
|
|
|
|
|
CHECKS OUTSTANDING |
| Ck. # |
| Amount |
| Ck. # |
| Amount |
|
California Chamber of Commerce |
| 17150 |
| 314 |
|
|
|
|
|
Associated Services CO. |
| 17281 |
| 83 |
|
|
|
|
|
Choi, Peter Cap |
| 17288 |
| 1,380 |
|
|
|
|
|
UPS |
| 17297 |
| 20 |
|
|
|
|
|
Universal Travel Services |
| 17298 |
| 1,449 |
|
|
|
|
|
FedEX |
| 17299 |
| 592 |
|
|
|
|
|
NEC Financial Services |
| 17300 |
| 638 |
|
|
|
|
|
SBC California |
| 17301 |
| 87 |
|
|
|
|
|
SBC Long Distance |
| 17302 |
| 108 |
|
|
|
|
|
|
| Total |
| 4,671 |
|
|
|
|
|
OTHER
STATEMENT OF OPERATIONS
(Income Statement)
The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid.
REVENUES |
| Month |
| Cumulative |
| Prev. |
|
Gross Revenues |
| 166,608 |
| 245,826 |
| 79,218 |
|
Less: Returns and Allowances |
|
|
| — |
|
|
|
Net Revenue |
| 166,608 |
| 245,826 |
| 79,218 |
|
COST OF GOODS SOLD |
|
|
|
|
|
|
|
Beginning Inventory |
| 714,500 |
| 1,462,834 |
| 748,334 |
|
Add: Purchases |
| 176 |
| 3,196 |
| 3,020 |
|
Add: Cost of Labor |
| 17,816 |
| 37,968 |
| 20,152 |
|
Add: Other Costs (attach schedule) |
| 5,960 |
| 8,201 |
| 2,241 |
|
Less: Ending Inventory |
| (623,487 | ) | (1,337,987 | ) | (714,500 | ) |
Cost of Goods Sold |
| 114,965 |
| 174,212 |
| 59,247 |
|
Gross Profit |
| 51,643 |
| 71,614 |
| 19,971 |
|
OPERATING EXPENSES |
|
|
|
|
|
|
|
Advertising |
| — |
| — |
| — |
|
Auto and Truck Expense |
| 433 |
| 433 |
|
|
|
Bad Debts |
|
|
| — |
|
|
|
Contributions |
|
|
| — |
|
|
|
Employee Benefits Programs |
| 522 |
| 522 |
| — |
|
Insider Compensation* |
|
|
| — |
|
|
|
Insurance |
| (1,505 | ) | 7,153 |
| 8,658 |
|
Management Fees/Bonuses |
|
|
| — |
|
|
|
Office Expense |
| 2,222 |
| 18,673 |
| 16,451 |
|
Pension & Profit-Sharing Plans |
| 1,045 |
| 2,090 |
| 1,045 |
|
Repairs and Maintenance |
| — |
| — |
|
|
|
Rent and Lease Expense |
| 10,638 |
| 11,276 |
| 638 |
|
Salaries/Commissions/Fees |
| 30,571 |
| 47,090 |
| 16,519 |
|
Supplies |
| 1,761 |
| 1,761 |
| — |
|
Taxes - Payroll |
| 1,971 |
| 4,844 |
| 2,873 |
|
Taxes - Real Estate |
| — |
| — |
|
|
|
Taxes - Other |
| — |
| — |
|
|
|
Travel and Entertainment |
| 6,994 |
| 11,621 |
| 4,627 |
|
Utilities |
| 2,481 |
| 4,934 |
| 2,453 |
|
Other (attach schedule) |
| — |
| 26 |
| 26 |
|
Total Operating Expenses Before Depreciation |
| 57,133 |
| 110,423 |
| 53,290 |
|
Depreciation/Depletion/Amortization |
| 1,922 |
| 3,870 |
| 1,948 |
|
Net Profit (Loss) Before Other Income & Expenses |
| (7,412 | ) | (42,679 | ) | (35,267 | ) |
OTHER INCOME AND EXPENSES |
|
|
|
|
|
|
|
Other Income (attach schedule) — Rental Income (14650) + Int. Inc. (1068) |
| 15,718 |
| 17,272 |
| 1,554 |
|
Interest Expense |
| (16,099 | ) | (32,144 | ) | (16,045 | ) |
Other Expense (attach schedule) |
| — |
| (61 | ) | (61 | ) |
Net Profit (Loss) Before Reorganization Items |
| (7,793 | ) | (57,612 | ) | (49,819 | ) |
REORGANIZATION ITEMS |
|
|
|
|
|
|
|
Professional Fees |
| (14,620 | ) | (14,620 | ) | — |
|
U. S. Trustee Quarterly Fees |
| — |
| — |
| — |
|
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet) |
| — |
| — |
| — |
|
Gain (Loss) from Sale of Equipment |
| — |
| — |
| — |
|
Other Reorganization Expenses (attach schedule) |
| — |
| — |
| — |
|
Total Reorganization Expenses |
| (14,620 | ) | (14,620 | ) | — |
|
Income Taxes |
| — |
| — |
| — |
|
Net Profit (Loss) |
| (22,413 | ) | (72,232 | ) | (49,819 | ) |
*“Insider” is defined in 11 U.S.C. Section 101(31).
BALANCE SHEET
The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from post-petition obligations.
ASSETS |
| BOOK VALUE AT END |
| BOOK VALUE ON |
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
Unrestricted Cash and Equivalents |
| 808,779 |
|
|
|
Restricted Cash and Cash Equivalents (see continuation sheet) |
|
|
|
|
|
Accounts Receivable (Net) |
| 194,040 |
|
|
|
Notes Receivable |
| 200,000 |
|
|
|
Inventories |
| 623,487 |
|
|
|
Prepaid Expenses |
|
|
|
|
|
Professional Retainers |
|
|
|
|
|
Other Current Assets (attach schedule) |
|
|
|
|
|
TOTAL CURRENT ASSETS |
| 1,826,306 |
|
|
|
PROPERTY AND EQUIPMENT |
|
|
|
|
|
Real Property and Improvements |
|
|
|
|
|
Machinery and Equipment |
| 11,445 |
|
|
|
Furniture, Fixtures and Office Equipment |
| 7,039 |
|
|
|
Leasehold Improvements |
|
|
|
|
|
Vehicles |
| 105,421 |
|
|
|
Less:Accumulated Depreciation |
| (81,738 | ) |
|
|
TOTAL PROPERTY & EQUIPMENT |
| 42,167 |
|
|
|
OTHER ASSETS |
|
|
|
|
|
Loans to Insiders* |
|
|
|
|
|
Other Assets (attach schedule) |
| 305,603 |
|
|
|
TOTAL OTHER ASSETS |
| 305,603 |
|
|
|
|
|
|
|
|
|
TOTAL ASSETS |
| 2,174,076 |
|
|
|
LIABILITIES AND OWNER EQUITY |
| BOOK VALUE AT END |
| BOOK VALUE ON |
|
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) |
|
|
|
|
|
Accounts Payable |
| 48,550 |
|
|
|
Taxes Payable (refer to FORM MOR-4) |
| 11 |
|
|
|
Wages Payable |
| 76,559 |
|
|
|
Notes Payable |
| — |
|
|
|
Rent / Leases - Building/Equipment |
|
|
|
|
|
Secured Debt / Adequate Protection Payments |
| — |
|
|
|
Professional Fees |
|
|
|
|
|
Amounts Due to Insiders* |
|
|
|
|
|
Other Post-petition Liabilities (attach schedule) - Warranty Accrual |
| 39,501 |
|
|
|
TOTAL POST-PETITION LIABILITIES |
| 164,621 |
|
|
|
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) |
|
|
|
|
|
Secured Debt |
| 2,254,673 |
|
|
|
Priority Debt |
| 250 |
|
|
|
Unsecured Debt |
| 428,569 |
|
|
|
TOTAL PRE-PETITION LIABILITIES |
| 2,683,492 |
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES |
| 2,848,113 |
|
|
|
OWNER EQUITY |
|
|
|
|
|
Capital Stock |
| 453,357 |
|
|
|
Additional Paid-In Capital |
| 95,735,425 |
|
|
|
Partners’ Capital Account |
|
|
|
|
|
Owner’s Equity Account |
|
|
|
|
|
Retained Earnings - Pre-Petition |
| (96,790,588 | ) |
|
|
Retained Earnings - Post-petition |
| (72,231 | ) |
|
|
Adjustments to Owner Equity (attach schedule) |
|
|
|
|
|
Post-petition Contributions (attach schedule) |
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NET OWNERS’ EQUITY |
| (674,037 | ) |
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TOTAL LIABILITIES AND OWNERS’ EQUITY |
| 2,174,076 |
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* “Insider” is defined in 11 U.S.C. Section 101(31). | FORM MOR-3 |
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| (10/00) |
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ASSETS |
| BOOK VALUE AT END |
| BOOK VALUE ON |
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Other Current Assets |
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Other Assets |
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Neoware Escrow |
| 304,535 |
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LIABILITIES AND OWNER EQUITY |
| BOOK VALUE AT END |
| BOOK VALUE ON |
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Other Post-petition Liabilities |
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Adjustments to Owners’ Equity |
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Post-petition Contributions |
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Restricted Cash:
Cash that is restricted for a specific use and not available to fund operations. Typically, restricted cash is segregated into a separate account, such as an escrow account.
STATUS OF POST-PETITION TAXES
The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero. Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period.
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| Beginning |
| Amount |
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| Ending |
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| Tax |
| Withheld or |
| Amount |
| Date |
| Check No. |
| Tax |
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| Liability |
| Accrued |
| Paid |
| Paid |
| or EFT |
| Liability |
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Federal |
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Withholding |
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FICA-Employee |
| — |
| 7,876 |
| 7,876 |
| 14,28/04/2006 |
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| — |
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FICA-Employer |
| — |
| 3,184 |
| 3,184 |
| 14,28/04/2006 |
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| — |
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Unemployment |
| — |
| — |
| — |
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| — |
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Income |
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| — |
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Other: |
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Total Federal Taxes |
| — |
| 11,059 |
| 11,059 |
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State and Local |
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Withholding |
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Sales |
| 387 |
| 11 |
| 137 |
| 4/20/2006 |
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| 261 |
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Excise |
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| — |
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Unemployment/Disability |
| — |
| 329 |
| 329 |
| 14,28/04/2006 |
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Real Property |
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Personal Property |
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| — |
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Other: California Payroll Tax |
| — |
| 1,401 |
| 1,401 |
| 14,28/04/2006 |
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| — |
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Total State and Local |
| 387 |
| 1,741 |
| 1,867 |
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| 261 |
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Total Taxes |
| 387 |
| 12,800 |
| 12,926 |
| — |
| — |
| 261 |
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ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
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| Amount |
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Accounts Receivable Reconciliation |
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Total Accounts Receivable at the beginning of the reporting period |
| 195,295 |
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Plus: Amounts billed during the period |
| 176,173 |
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Less: Amounts collected during the period |
| (145,667 | ) |
Total Accounts Receivable at the end of the reporting period |
| 225,801 |
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| Amount |
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Accounts Receivable Aging |
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0 - 30 days old |
| 156,985 |
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31 - 60 days old |
| 19,245 |
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61 - 90 days old |
| 4,660 |
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91+ days old |
| 44,911 |
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Total Accounts Receivable |
| 225,801 |
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Less: Bad Debts (Amount considered uncollectible) |
| (31,761 | ) |
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Net Accounts Receivable |
| 194,040 |
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DEBTOR QUESTIONNAIRE
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| Yes |
| No |
Must be completed each month |
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1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below. |
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| ý |
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below. |
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| ý |
3. Have all post-petition tax returns been timely filed? If no, provide an explanation below. |
| ý |
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4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. |
| ý |
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SUMMARY OF UNPAID POST-PETITION DEBTS
Attach aged listing of accounts payable.
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| Number of Days Past Due |
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| Current |
| 0-30 |
| 31-60 |
| 61-90 |
| Over 91 |
| Total |
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Accounts Payable |
| 48,220 |
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| 48,220 |
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Wages Payable |
| 18,992 |
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| 18,992 |
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Taxes Payable |
| 11 |
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| 11 |
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Rent/Leases-Building |
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| — |
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Rent/Leases-Equipment |
| — |
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| — |
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Secured Debt/Adequate Protection Payments |
| — |
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Professional Fees |
| — |
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Amounts Due to Insiders |
| — |
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| — |
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Other: |
| — |
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| — |
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Other: |
| — |
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| — |
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Total Post-petition Debts |
| 67,223 |
| — |
| — |
| — |
| — |
| 67,223 |
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Explain how and when the Debtor intends to pay any past due post-petition debts.
Nothing is past due.
FORM MOR-4
(10/00)