ASSETS
Current Assets
CASH	221,253.01
RECEIVABLES	153,353.29
DUE FROM LMA	<28,734.80>
DUE FROM CHESS TRUST	25,530.42
EXCHANGE ACCOUNTS	10,138.69
OTHER ASSETS	16,509.76
PREPAIDS	160,961.45
INVENTORY-NET	346,380.79
DEFERRED ASSETS	4,000.58
OTHER FUNDS	119,015.07
	92.10
MISCELLANEOUS ASSETS	17,996.32
Total Current Assets		1,046,496.68
Property and Equipment
FIXED ASSETS: TELEPHONE	65,600.52
FIXED ASSETS: COMPUTER	403,540.42
FIXED ASSETS: EDITORIAL	5,895.00
FIXED ASSETS: FURN &EQUIP	118,824.03
FIXED ASSETS: AUTO	15,680.00
ACCUMULATED DEPRECIATION	<427,399.49>
Total Property and Equipment		182,140.48
TOTAL ASSETS		1,228,637.16
LIABILITIES AND CAPITAL
Current Liabilities
ACCOUNTS PAYABLE	429,594.19
DUE TO CHESS TRUST	<244.27>
DUE TO LMA	<15,281.43>
ACCRUED EXPENSES PAYABLE	139,552.26
TAXES PAYABLE	125.00
CRENSHAW ENDOWMENT FUND	<10,342.88>
G.M. BENEFITS FUND	<116,317.19>
CHESS INFORMANT ACCOUNT	<5.00>
DEFERRED REVENUES	239,258.71
Total Current Liabilities		919,669.53
Long-Term Liabilities
DUE TO LMA-LOAN	291,374.51
NOTES PAYABLE	377,868.25
Total Long-Term Liabilities		669,242.76
Total Liabilities		1,588,912.29
Capital
FUND BALANCE	(460,397.29)
Net Income	100,122.16
Total Capital		<360,275.13>
Total Liabilities & Capital		1,228,637.16