Muae Publishing Inc.

“Line 4, other investment income: description of property: amounts interest income 2 line 7, gross profit from sales of inventory: income: 1. Gross receipts 99,261. 2. Returns and allowances 0. 3. Line 1 less line 2 99,261. 4. Cost of goods sold (line 13) 10,838. 5. Gross profit (line 3 less line 4) 88,423. Cost of goods sold: 6. Inventory at beginning of year 0. 7. Merchandise purchased 0. 8. Cost of labor 0. 9. Materials and supplies 8,632. 10. Other costs 0. 11. Add line 6 through 10 8,632. 12. Inventory at end of year 0. 13. Cost of goods sold (line 11 less line 12) 8,632.”

“Parking rental 475 total 475”

“Expenses worker's comp insurance 485 travel and meeting 4,582 office expense 3,238 bank and processing fees 517 advertising and promotion 4,656 insurance 619 membership dues 484 other expenses 64 merchant discount fees 469 fraud 148 total 15,262”

“Accounts receivable 0 9,246 other long term loan 0 22,340 inventory 96,574 98,780 royalty advances 1,300 1,995 reserve 8,226 8,226 total 106,100 140,587”

“Accounts payable and accrued expenses 0 441 sales tax payable - ny 13 13 sales tax payable - ca 0 401 payroll taxes payable 0 1,453”

“N/A”