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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />October 31, 2018 <br />ASSETS <br />CURRENT ASSETS <br />Love Civic Center <br />$ 248,129.85 <br />Reserved for Construction <br />225,000.00 <br />Returned Checks Receivable <br />250.00 <br />Liberty National Bank CD <br />32,164.49 <br />Due From VCC <br />_2,868.23 <br />Total Current Assets <br />508412.57 <br />Total Assets <br />$ 508,412.57 <br />-LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC <br />$ 74.00 <br />Payroll Liabilities <br />1,870.25 <br />GBB Renovation Loan <br />52,162.07 <br />LNB Renovation Loan <br />52,384.13 <br />Total Current Liabilities <br />106,490.45 <br />NET ASSETS <br />Retained Earnings <br />417,722.26 <br />Net Income <br />X15,800.14) <br />Total Net Assets <br />401,922.12 <br />Total Liabilities and Net Assets <br />$ 508,412.57 <br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued <br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the income tax basis of <br />accounting are omitted and no assurance is provided <br />