This Monthly Financial Report (the "Financial Report") is limited in scope,
covers a limited time period and has been prepared soley for purposes of
complying with the monthly reporting requirements of the United States
Bankruptcy Court for the Eastern District of Wisconsin in Milwaukee (the
"Trustee"). Keystone Consolidated Industries, Inc's ("Keystone") wholly-owned
subsidiary, Engineered Wire Products, Inc. ("EWP") has not filed for protection
under Chapter 11 of Title 11 of the United States Bankruptcy Code, and financial
information for EWP has been omitted from the Financial Report. The Financial
Report is unaudited and does not purport to show the financial statements of
Keystone or any of its subsidiaries in accordance with accounting principles
generally accepted in the United States ("GAAP"), and therefore excludes items
required by GAAP, such as certain reclassifications, eliminations, accruals and
disclosure items. Undue reliance should not be placed upon the Financial Report.
There can be no assurance that such information is complete. In addition, in
order to comply with the 15-day filing requirements of the Trustee, certain
year-end adjustments have been excluded from this report. The debtors anticipate
filing an amended report when information relative to these adjustments becomes
available.
MONTHLY FINANCIAL REPORT
OFFICE OF THE U.S. TRUSTEE
EASTERN DISTRICT OF WISCONSIN
Case Name: FV Steel & Wire Company ("FVSW") Case No: 04-22421-SVK
Keystone Consolidated Industries, Inc. ("KCI") 04-22422-SVK
DeSoto Environmental Management, Inc. ("DEMI") 04-22423-SVK
J.L. Prescott Company ("JLP") 04-22424-SVK
Sherman Wire Company ("SWC") 04-22425-SVK
Sherman Wire of Caldwell, Inc.("SWCI") 04-22426-SVK
FOR MONTH OF MAY, 2005.
I. FINANCIAL SUMMARY
CASH RECEIPTS AND DISBURSEMENTS
-------------------------------
FVSW KCI DEMI JLP SWC SWCI Total
---- --- ---- --- --- ---- -----
A. CASH ON HAND START OF MONTH $0 $2,967,010 $0 $0 ($1,867) $0 $2,965,143
--------------------------------------------------------------------------
B. RECEIPTS 0 69,822,495 0 0 9,903 1,400 69,833,798
C. DISBURSEMENTS 0 68,045,900 0 0 7,958 1,400 68,055,258
--------------------------------------------------------------------------
D. NET RECEIPTS (DISBURSEMENTS) 0 1,776,595 0 0 1,945 0 1,778,540
--------------------------------------------------------------------------
E. CASH ON HAND END OF MONTH $0 $4,743,605 $0 $0 $78 $0 $4,743,683
==========================================================================
Note 1 - KCI Cash On Hand At End of Month includes $5,407,584 of cash held in
escrow for anticipated payment to Unsecured Creditors' Committee upon
emergence from Chapter 11. (See U.S. Bank - Portland, Oregon accounts #
15365681004 and # 436000100).
Note 2 - KCI Receipts and Disbursement exclude transfers between KCI cash
accounts of $15,103,609.
PROFIT AND LOSS STATEMENT
ACCRUAL BASIS
-------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
A NET SALES $0 $23,697,773 $0 $0 $1,427,365 $0 $25,125,138 ($1,788,458) $23,336,680
B. COST OF SALES 0 22,173,813 0 0 1,225,768 0 23,399,581 (1,788,458) 21,611,123
--------------------------------------------------------------------------------------------------
C. GROSS PROFIT 0 1,523,960 0 0 201,597 0 1,725,557 0 1,725,557
D. TOTAL OPERATING EXPENSES 3,549 5,971,802 0 60,000 371,791 8,295 6,415,437 (201,895) 6,213,542
--------------------------------------------------------------------------------------------------
E. NET INCOME (LOSS) FROM
OPERATIONS (3,549) (4,447,842) 0 (60,000) (170,194) (8,295) (4,689,880) 201,895 (4,487,985)
F. NON-OPERATING,
NON-RECURRING REVENUE
(EXPENSES) 7,567 (539,017) 60,000 0 46,420 0 (425,030) (201,895) (626,925)
--------------------------------------------------------------------------------------------------
H. NET INCOME (LOSS) $4,018 ($4,986,859) $60,000 ($60,000) ($123,774) ($8,295) ($5,114,910) $0 ($5,114,910)
==================================================================================================
Page 1 of 6
II. PROFIT & LOSS STATEMENT (ACCRUAL BASIS)
-------------------------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
A. Related to Business
Operations:
Total Revenue (Sales) $23,697,773 $1,427,365 $25,125,138 ($1,788,458) $23,336,680
--------------------------------------------------------------------------------------------------
Less: Cost of Goods Sold:
Beginning Inventory
at Cost 74,640,455 3,792,279 78,432,734 78,432,734
Add: Purchases 9,909,606 1,174,831 11,084,437 (1,788,458) 9,295,979
Less: Ending Inventory
at Cost 62,376,248 3,741,342 66,117,590 66,117,590
--------------------------------------------------------------------------------------------------
Cost of Good Sold 0 22,173,813 0 0 1,225,768 0 23,399,581 (1,788,458) 21,611,123
--------------------------------------------------------------------------------------------------
Gross Profit 0 1,523,960 0 0 201,597 0 1,725,557 0 1,725,557
--------------------------------------------------------------------------------------------------
Less: Operating Expenses:
Officer Compensation 43,750 43,750 43,750
Salaries and Wages-
- Other Employees 1,140,189 75,608 1,215,797 1,215,797
Employee Benefits and
Pensions 105 1,110,923 23,921 1,639 1,136,588 1,136,588
Payroll Taxes 96,715 11,496 108,211 108,211
Real Estate Taxes 17,011 12,056 633 29,700 29,700
Federal and State
Income Taxes 0 0 0
Rent and Lease Expense 74,244 1,305 75,549 75,549
Interest Expense 425,506 60,000 485,506 (191,026) 294,480
Insurance 73,236 12,730 85,966 85,966
Automobile Expense 0 0 0 0
Utilities 249,393 10,310 267 259,970 259,970
Depreciation and
Amortization 3,444 1,127,811 87,300 4,081 1,222,636 1,222,636
Repairs and Maintenance 307,143 6,402 425 313,970 313,970
Advertising 39,340 39,340 39,340
Supplies, Office Expense
and Photocopies 55,074 9,511 64,585 64,585
Bad Debts 0 0 0
Miscellaneous 0 1,211,467 0 0 121,152 1,250 1,333,869 (10,869) 1,323,000
--------------------------------------------------------------------------------------------------
Total Operating Expenses 3,549 5,971,802 0 60,000 371,791 8,295 6,415,437 (201,895) 6,213,542
--------------------------------------------------------------------------------------------------
Net Income (Loss)
From Operations (3,549) (4,447,842) 0 (60,000) (170,194) (8,295) (4,689,880) 201,895 (4,487,985)
--------------------------------------------------------------------------------------------------
B. Not Related to
Business Operations:
Revenue:
Interest Income 567 7 60,000 131,026 191,600 (191,026) 574
Net Gain (Loss) on
Sale of Assets 0 0 0
Other 7,000 46,817 0 0 0 0 53,817 (10,869) 42,948
--------------------------------------------------------------------------------------------------
Total Non-Operating
Revenue 7,567 46,824 60,000 0 131,026 0 245,417 (201,895) 43,522
--------------------------------------------------------------------------------------------------
Expenses:
Legal and Professional
Fees 0 585,841 0 0 84,606 0 670,447 0 670,447
Other 0 0 0 0 0 0 0 0 0
--------------------------------------------------------------------------------------------------
Total Non-Operating
Expenses 0 585,841 0 0 84,606 0 670,447 0 670,447
--------------------------------------------------------------------------------------------------
Net Income (Loss)
For Period $4,018 ($4,986,859) $60,000 ($60,000) ($123,774) ($8,295) ($5,114,910) $0 ($5,114,910)
==================================================================================================
Note 1 - Beginning and ending inventory balances shown above do not
include reserves related to LIFO and obsolescence that are reflected in
the inventory balances shown on the Balance Sheet.
Note 2 - Interest income at DEMI and SWC is based on the balance of
intercompany receivables.
Page 2 of 6
IV. BALANCE SHEET
-----------------
FVSW KCI DEMI JLP SWC SWCI
---- --- ---- --- --- ----
ASSETS
------
Current
- -------
Cash $4,743,605 $78
Inventory 53,582 35,548,779 3,315,678
Accounts Receivable 27,584,987 524,009 6,000
Prepaid Expenses 2,082,154 102,513 1,264
Other - Exhibit E 76,133 1,968,122 15,509,793 0 344,741 0
-------------------------------------------------------------------------------
Total Current Assets 129,715 71,927,647 15,509,793 0 4,287,019 7,264
-------------------------------------------------------------------------------
Fixed
- -----
Property and Equipment 1,175,330 327,770,567 20,937,452 2,285,279
Accumulated Depreciation (755,705) (248,025,988) (16,846,683) (1,850,105)
-------------------------------------------------------------------------------
Total Fixed Assets 419,625 79,744,579 0 0 4,090,769 435,174
-------------------------------------------------------------------------------
Other
- -----
Restricted Investments 5,976,474 250,722
Prepaid Pension Asset 140,419,473
Deferred Financing Costs 922,798
Goodwill 751,508
Other - Exhibit F 40,000 39,504,966 0 0 2,246,871 0
-------------------------------------------------------------------------------
Total Other Assets 40,000 187,575,219 0 0 2,497,593 0
-------------------------------------------------------------------------------
Total Assets $589,340 $339,247,445 $15,509,793 $0 $10,875,381 $442,438
===============================================================================
LIABILITIES
-----------
Current
- -------
Pre-Petition
Accounts Payable 18,726,293 1,012,833 54,503
Post-Petition
Accounts Payable 548,403 90,828 1,675
Pre-Petition Accounts
Payable-Affiliates (2,649,073) 88,419,300 5,774,107 15,552,291 (89,758,156) (1,459,080)
Post-Petition Accounts
Payable-Affiliates (244,240) 3,355,489 433,128 670,515 (117,198) (130,676)
Pre-Petition Accrued
Expenses - Exhibit G 3,183 13,409,121 35,632 (36,000) 6,668,380 64,082
Post-Petition Accrued
Expenses - Exhibit H 0 13,805,572 0 0 92,762 (3,677)
Post-Petition Accrued
Professional Fees 3,329,947 2,939
Post-Petition Accrued
Other Taxes - Exhibit M 0 (153,421) 0 0 21,779 (2,846)
Pre-Petition Notes Payable
and Current Maturities of
Long Term Debt 28,116,000 20,290
Post-Petition Notes Payable
and Current Maturities of
Long Term Debt 37,299,863 (20,290)
Accrued OPEB Cost 11,441,001 155,000 297,662
Income Taxes Payable
Pre-petition accrued pref.
Stock dividends 11,845,805
Post petition accrued pref.
Stock dividends 9,044,613
-------------------------------------------------------------------------------
Total Current Liabilities (2,890,130) 239,187,986 6,242,867 16,341,806 (81,688,171) (1,476,019)
-------------------------------------------------------------------------------
Long Term
- ---------
Pre-Petition Long Term Debt 32,180,761
Post-Petition Long Term Debt 149,573
Accrued OPEB Cost 34,849 121,128,936 1,446,589 9,391,962
Accrued Pension Cost 1,386,700
Pre-Petition Accrued
Expenses - Exhibit I 0 11,104,689 3,573,908 0 0 0
Post-Petition Accrued
Expenses - Exhibit J 0 201,270 (198,554) 0 0 0
-------------------------------------------------------------------------------
Total Long Term Liabilities 34,849 166,151,929 3,375,354 1,446,589 9,391,962 0
-------------------------------------------------------------------------------
Preferred Stock 2,112,000
- --------------- -------------------------------------------------------------------------------
STOCKHOLDERS' EQUITY
(DEFICIT)
Common Stock 10,000 10,798,251 6 2,246,866 5,619,274 1,000
Additional Paid-In Capital 32,180,883 27,579,007
Accumulated Deficit 3,434,621 (111,171,479) 5,891,566 (20,035,261) 83,530,762 1,917,457
Treasury Stock (12,125) (33,557,453)
-------------------------------------------------------------------------------
Total Stockholders'
Equity (Deficit) 3,444,621 (68,204,470) 5,891,572 (17,788,395) 83,171,590 1,918,457
-------------------------------------------------------------------------------
Total Liabilities &
Stockholders' Equity
(Deficit) $589,340 $339,247,445 $15,509,793 $0 $10,875,381 $442,438
===============================================================================
Page 3 of 6
IV. BALANCE SHEET (CONTINUED)
-----------------------------
Sub Elimin-
Total ations Total
----- ------- -----
ASSETS
------
Current
- -------
Cash $4,743,683 $4,743,683
Inventory 38,918,039 38,918,039
Accounts Receivable 28,114,996 28,114,996
Prepaid Expenses 2,185,931 2,185,931
Other - Exhibit E 17,898,789 (15,854,534) 2,044,255
-----------------------------------------
Total Current Assets 91,861,438 (15,854,534) 76,006,904
-----------------------------------------
Fixed
- -----
Property and Equipment 352,168,628 352,168,628
Accumulated Depreciation (267,478,481) (267,478,481)
-----------------------------------------
Total Fixed Assets 84,690,147 0 84,690,147
-----------------------------------------
Other
- -----
Restricted Investments 6,227,196 6,227,196
Prepaid Pension Asset 140,419,473 140,419,473
Deferred Financing Costs 922,798 922,798
Goodwill 751,508 751,508
Other - Exhibit F 41,791,837 (41,173,674) 618,163
-----------------------------------------
Total Other Assets 190,112,812 (41,173,674) 148,939,138
-----------------------------------------
Total Assets $366,664,397 ($57,028,208) $309,636,189
=========================================
LIABILITIES
-----------
Current
- -------
Pre-Petition
Accounts Payable 19,793,629 19,793,629
Post-Petition
Accounts Payable 640,906 640,906
Pre-Petition Accounts
Payable-Affiliates 15,879,389 (14,904,350) 975,039
Post-Petition Accounts
Payable-Affiliates 3,967,018 (950,184) 3,016,834
Pre-Petition Accrued
Expenses - Exhibit G 20,144,398 0 20,144,398
Post-Petition Accrued
Expenses - Exhibit H 13,894,657 0 13,894,657
Post-Petition Accrued
Professional Fees 3,332,886 3,332,886
Post-Petition Accrued
Other Taxes - Exhibit M (134,488) 0 (134,488)
Pre-Petition Notes Payable
and Current Maturities of
Long Term Debt 28,136,290 28,136,290
Post-Petition Notes Payable
and Current Maturities of
Long Term Debt 37,279,573 37,279,573
Accrued OPEB Cost 11,893,663 11,893,663
Income Taxes Payable 0 0
Pre-petition accrued pref.
Stock dividends 11,845,805 11,845,805
Post petition accrued pref.
Stock dividends 9,044,613 9,044,613
-----------------------------------------
Total Current Liabilities 175,718,339 (15,854,534) 159,863,805
-----------------------------------------
Long Term
- ---------
Pre-Petition Long Term Debt 32,180,761 32,180,761
Post-Petition Long Term Debt 149,573 149,573
Accrued OPEB Cost 132,002,336 132,002,336
Accrued Pension Cost 1,386,700 1,386,700
Pre-Petition Accrued
Expenses - Exhibit I 14,678,597 0 14,678,597
Post-Petition Accrued
Expenses - Exhibit J 2,716 0 2,716
-----------------------------------------
Total Long Term Liabilities 180,400,683 0 180,400,683
-----------------------------------------
Preferred Stock 2,112,000 2,112,000
- --------------- -----------------------------------------
STOCKHOLDERS' EQUITY
(DEFICIT)
Common Stock 18,675,397 (7,877,145) 10,798,252
Additional Paid-In Capital 59,759,890 (27,579,007) 32,180,883
Accumulated Deficit (36,432,334) (39,274,975) (75,707,309)
Treasury Stock (33,569,578) 33,557,453 (12,125)
-----------------------------------------
Total Stockholders'
Equity (Deficit) 8,433,375 (41,173,674) (32,740,299)
-----------------------------------------
Total Liabilities &
Stockholders' Equity
(Deficit) $366,664,397 ($57,028,208) $309,636,189
=========================================
Note 1 - Inventory balances above reflect reserves related to LIFO and
obslescence that are not reflected in the inventory balances shown on
the Profit & Loss Statement.
Note 2 - Substantially all Current and Long Term Accrued OPEB (Future Retiree
Medical) Costs were incurred pre-petition.
Page 4 of 6
EXHIBIT E
---------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- -------- -----
Interest Receivable $1,133 $1,133 $1,133
Note Receivable 75,000 75,000 75,000
Intercompany Receivable 1,749,724 15,509,793 344,741 17,604,258 (15,854,534) 1,749,724
Short Term Investments 20,428 20,428 20,428
Receivable From EB Plans 195,543 195,543 195,543
Stop Loss Receivable 1,927 1,927 1,927
Security Deposit 500 500 500
------------------------------------------------------------------------------------------
Total Other
Current Assets $76,133 $1,968,122 $15,509,793 $0 $344,741 $0 $17,898,789 ($15,854,534) $2,044,255
==========================================================================================
EXHIBIT F
OTHER LONG TERM ASSETS
----------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------ -----
Note Receivable $40,000 $40,000 $40,000
Rail Cars 250,113 250,113 250,113
Investment in
Sherman Wire Company 38,915,803 38,915,803 (38,915,803) 0
Investment in
Fox Valley Steel & Wire 10,000 10,000 (10,000) 0
Investment in Sherman
Wire of Caldwell Inc. 1,000 1,000 (1,000) 0
Investment in J.L.
Prescott/DEMI 2,246,871 2,246,871 (2,246,871) 0
Long Term Insurance
Receivable 323,250 323,250 323,250
Deposits 4,800 4,800 4,800
0 0
----------------------------------------------------------------------------------------------------
Total Other
Long Term Assets $40,000 $39,504,966 $0 $0 $2,246,871 $0 $41,791,837 ($41,173,674) $618,163
====================================================================================================
EXHIBIT G
PRE-PETITION ACCRUED EXPENSES - CURRENT
---------------------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------ -----
Income Taxes $3,183 $35,632 ($36,000) ($70,091) ($67,276) ($67,276)
Worker Comp Exp 2,153,224 (168) 2,153,056 2,153,056
Missar Pension 0 19,935 19,935 19,935
Unclaimed Property 6,487 17,540 24,027 24,027
Abandoned Real Estate Exp 0 658,744 658,744 658,744
Legal and Professional Fees 152,856 487,932 640,788 640,788
Self-Insurance Liability 2,403,446 5,050,166 7,453,612 7,453,612
Pensions 0 15,704 15,704 15,704
Salaries/Wages 71,558 47,300 118,858 118,858
Holiday Pay/Vacations 0 127,854 127,854 127,854
FICA - Employer 0 3,257 3,257 3,257
Federal Unemployment Taxes 0 3,397 3,397 3,397
State Unemployment Taxes 0 20,577 20,577 20,577
Defined Contribution Plan 0 28,615 28,615 28,615
Medical Insurance 86,560 88,737 16,419 191,716 191,716
Utilities 0 5,049 (110) 4,939 4,939
Volume Incentive Plan 0 72,000 72,000 72,000
Property Tax 0 32,865 5,973 38,838 38,838
Sales/Use Tax 0 8,124 1,800 9,924 9,924
Customer Overpayments 0 50,843 50,843 50,843
Other - Plant Shut-Down 0 40,000 40,000 40,000
Goods received not invoiced 0 0 0
Unearned Revenue 0 0 0
Sales Rebates/Discounts 41,275 41,275 41,275
Manufacturing Misc 0 0 0
EPA 7,836,035 7,836,035 7,836,035
Medical Insurance 0 0 0
Accrued State Franchise Tax 172,743 172,743 172,743
Accrued Bank Service Charge (9,925) (9,925) (9,925)
Accrued Interest 454,639 454,639 454,639
Accrued travel 40,223 40,223 40,223
Accrued taxes - other 0 0
----------------------------------------------------------------------------------------------------
Total Pre-Petition
Accrued Expenses-
Current $3,183 $13,409,121 $35,632 ($36,000) $6,668,380 $64,082 $20,144,398 $0 $20,144,398
====================================================================================================
Page 5 of 6
EXHIBIT H
POST PETITION ACCRUED EXPENSES - CURRENT
----------------------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Abandoned Real Estate Exp 318 10,555 10,873 10,873
Pensions 0 24,602 24,602 24,602
Salaries/Wages 702,827 (6,220) 696,607 696,607
Holiday Pay/Vacations 4,350,606 4,859 4,355,465 4,355,465
Defined Contribution Plan 725,170 21,058 746,228 746,228
Medical Insurance 293,905 (37,518) (4,171) 252,216 252,216
Utilities 213,096 69,387 494 282,977 282,977
Legal 274,124 (24,202) 249,922 249,922
Professional Fees 415,558 415,558 415,558
Goods Received Not Invoiced 903,662 903,662 903,662
Worker's Compensation 2,912,758 2,912,758 2,912,758
Unearned Revenue 769 769 769
Sales Rebates/Discounts 1,026,388 1,026,388 1,026,388
Abanondon Property 0 0 0
Miscellaneous 698,500 30,241 728,741 728,741
Accrued Bank Service Charge 43,658 43,658 43,658
Accrued Self-Insurance
Losses (90,901) (90,901) (90,901)
Accrued Interest 777,634 777,634 777,634
Accrued Travel 0 0 0
Accrued Profit Sharing 250,000 250,000 250,000
Accrued Management Fees 307,500 307,500 307,500
--------------------------------------------------------------------------------------------
Total Post Petition
Accrued Expenses-
Current $0 $13,805,572 $0 $0 $92,762 ($3,677) $13,894,657 $0 $13,894,657
============================================================================================
EXHIBIT I
PRE-PETITION ACCRUED EXPENSES - LONG TERM
-----------------------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Environmental 3,127,000 3,573,908 6,700,908 6,700,908
Workmans Compensation 1,846,775 1,846,775 1,846,775
Accrued Deferred Interest
Expense 781,715 781,715 781,715
L/T Deferred Compensation 24,212 24,212 24,212
Long Term Disability 32,987 32,987 32,987
L/T Deferred Tax Liability 5,292,000 5,292,000 5,292,000
0 0
--------------------------------------------------------------------------------------------
Total Pre-Petition
Accrued Expenses-
Long Term $0 $11,104,689 $3,573,908 $0 $0 $0 $14,678,597 $0 $14,678,597
============================================================================================
EXHIBIT J
POST PETITION ACCRUED EXPENSES - LONG TERM
------------------------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Workmans Compensation $195,588 $195,588 $195,588
Long Term Disability 5,682 5,682 5,682
Environmental (198,554) (198,554) (198,554)
0 0
0 0
0 0
0 0
--------------------------------------------------------------------------------------------
Total Post Petition
Accrued Expenses-
Long Term $0 $201,270 ($198,554) $0 $0 $0 $2,716 $0 $2,716
============================================================================================
EXHIBIT M
POST PETITION ACCRUED OTHER TAXES
---------------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
FICA - Employer ($170,379) 2,438 ($167,941) ($167,941)
Federal Unemployment Taxes 0 (3,024) (3,024) (3,024)
State Unemployment Taxes 0 (10,094) (10,094) (10,094)
Property Tax 228,589 29,430 (2,846) 255,173 255,173
Sales/Use Tax 930 3,029 3,959 3,959
Accrued State Franchise Tax (171,355) (171,355) (171,355)
Miscellaneous (41,206) (41,206) (41,206)
--------------------------------------------------------------------------------------------
Total Post Petition
Accrued Other Taxes $0 ($153,421) $0 $0 $21,779 ($2,846) ($134,488) $0 ($134,488)
============================================================================================