Balance Sheet

B A L A N C E   S H E E T
Detail Report for 06/30/1998

 Current Assets        Quantity        Cost Value        Market Value
   CHECKING                0.00           5561.44             5561.44
   CHEMICALS             325.00          12341.00            12341.00
   FERTILIZER            541.00          33411.58            33411.58
   BIN #1 - WHEAT       8000.00          25641.43            25641.43
   BEEF CALVES           109.00          30541.64            30541.64

   Total Current Assets                 107497.09           107497.09

 Intermediate Assets   Quantity        Cost Value        Market Value
   COMBINE 1200            1.00          76000.00            35000.00
        Less Depreciation                35000.00
   GREEN CHEVY             1.00              0.00             6000.00

   Total Intermediate                    35000.00            41000.00

 Long Term Assets
   NORTH SECTION         160.00         230000.00           230000.00
   HOME PLACE             25.00         125000.00           125000.00

   Total Long Term                      355000.00           355000.00

   Total Assets                         497497.09           503497.09

  FOR: Sunny River Farms
  DBA: Sunny River Farms
  06/10/1998 3:37 PM                               PAGE:  2
 

B A L A N C E   S H E E T
Detail Report for 06/30/1998

 Current Liabilities                     Balance             Balance
   GOV'T CROP LOAN                      30515.00            30515.00
   OPERATING LOAN                       27535.00            27535.00

   Total Current Liabilities            58050.00            58050.00

 Intermediate Liabilities                Balance             Balance
   COMBINE LOAN                         40000.00            40000.00

   Total Intermediate Liabilities       40000.00            40000.00

 Long Term Liabilities                   Balance             Balance
   NORTH SECTION                       190000.00           190000.00

   Total Long Term Liabilities         190000.00           190000.00

   Total Liabilities                   288050.00           288050.00

                      Owner's Equity:  209447.09           215447.09
 

  The Balance Sheet can be printed several ways.  The Beginning Balance
  Sheet will detail the balance as of the first of the accounting year. 
  A Current Balance Sheet will print the balance sheet reflecting today's
  figures. 

  Either balance sheet can be printed one of three ways including either
  "Cost Value", "Market Value", or both.