EX-99.4 6 ex994.htm Exhibit 99.4

In re  Farmland Transportation

 

Case No. 02-50564

 

 

 

 

 

 

 

 

 

 

 

 

 

MONTHLY OPERATING REPORT SUMMARY

 

FOR THE MONTH OF JANUARY, 2004

REVENUE

Gross Income

 $                      -   

Less Cost of Goods Sold

 $                      -   

Materials

 $                        -   

Direct Labor

 $                        -   

Overhead

 $                        -   

Gross Profit

 $                      -   

OPERATING EXPENSES

Owner/Officer-Draws/Salaries

 $                        -   

Other Employee Salaries

 $                        -   

Advertising and Marketing

 $                        -   

Insurance

 $                        -   

Payroll Taxes

 $                        -   

Lease and Rent

 $                        -   

Telephone and Utlities

 $                        -   

Attorney and other Professional Fees

 $             15,000.00 

UST Quarterly Fees

 $                        -   

Other Expenses

 $                  200.00 

Total Operating Expenses

 $           15,200.00 

Net Income (Loss)

($15,200.00)    

CURRENT ASSETS

Accounts Receivable at end of month

 $           36,399.36 

Increase (Decrease) in AR for month

 $        (258,779.00)

Inventory at end of month

 $                      -   

Increase (Decrease) in Inventory for month

 $                      -   

Cash at end of the month

 $            (1,241.40)

Increase (Decrease) in Cash for month

 $                      -   

LIABILITIES

Increase (Decrease) in post-petition debt

 $           15,000.00 

Increase (Decrease) in pre-petition debt

 $                      -   

Taxes Payable:

Federal Payroll Taxes

 $                        -   

State Payroll Taxes

 $                        -   

Local Payroll Taxes

 $                        -   

State Sales Taxes

 $                        -   

Real Estate and Personal 

 $                        -   

Property Taxes

 $                        -   

Other (footnote)

 $                        -   

Total Taxes Payable

 $                      -   

Footnote:

PRE Fed Income Tax

0.00