| For the period beginning August 1, 2002 | |
| and ending July 31, 2003 | |
| REVENUE | |
| Out of Office Referrals | 111,000 |
| Insurance | 82,338 |
| Attorney/Personal Injury | 42,150 |
| Private Pay & Collected from Patient | 700 |
| Adjustments for Insurance Overpayments | -3,282 |
| TOTAL NET REVENUE (see notes) | 232,907 |
| EXPENSES | |
| Contract Labor (see notes) | 53,326 |
| Professional Consultants | 10,082 |
| Office Expense | 5,357 |
| Internet Service | 263 |
| Office Rent | 43,800 |
| Office Supplies | 5,321 |
| Medical Supplies | 8,864 |
| Medical Disposal | 167 |
| Freight for Supplies | 135 |
| Repairs & Maintenance | 1,400 |
| Travel Expense | 517 |
| Postage & Delivery | 1,395 |
| Telephone | 4,919 |
| Cellular Phone | 903 |
| Patient Record & Office Equipment Storage | 3,059 |
| Professional Fees | 1,180 |
| Professional Associations | 290 |
| Professional Journal | 1,044 |
| Training & Education | 1,150 |
| Insurance for Office | 3,750 |
| Insurance for Car | 1,416 |
| Insurance for Mike Walter's | 1,280 |
| Automobile | 5,760 |
| Bank Charges | 566 |
| Property Taxes | 134 |
| 941 Taxes | 2,529 |
| Contributions | 185 |
| TOTAL EXPENSES | 158,792 |
| NET INCOME | 74,115 |