1 EXHIBIT 99.4 225 BARONNE STREET, INC. INCOME STATEMENT FOR THE TWO MONTHS ENDED FEBRUARY 28, 1998 (See Accountants' Compilation Report) 2 Months Ended Feb. 28, 1998 -------------- REVENUE: RENTAL INCOME 344,542.38 OTHER INCOME 336.22 ------------- TOTAL REVENUE 344,878.60 ------------- COST OF OPERATIONS: RENTAL OPERATING COSTS 210,412.84 ------------- INCOME (LOSS) FROM OPERATIONS 134,465.76 ------------- OTHER INCOME AND (EXPENSES): INVESTMENT INCOME 750.00 INTEREST EXPENSE (2,355.70) ------------- TOTAL OTHER INCOME AND (EXPENSES) (1,605.70) ------------- NET INCOME (LOSS) $ 132,860.06 ============= 27