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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />December 31, 2018 <br />ASSETS <br />CURRENT ASSETS <br />Love Civic Center <br />$ 182,298 72 <br />Reserved for Construction <br />325,000.00 <br />Returned Checks Receivable <br />250.00 <br />Liberty National Bank CD <br />32,164.49 <br />Due From COC <br />3,600.00 <br />Due From VCC <br />6,457.90 <br />Total Current Assets <br />549,771.11 <br />Total Assets <br />$ 549,771.11 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC <br />$ 74.00 <br />Payroll Liabilities <br />2,388.16 <br />GBB Renovation Loan <br />48,169.86 <br />LNB Renovation Loan <br />48,376.64 <br />Total Current Liabilities <br />99,008.66 <br />NET ASSETS <br />Retained Earnings <br />417,722,26 <br />Net Income <br />33,040.19 <br />Total Net Assets <br />450,762.45 <br />Total Liabilities and Net Assets <br />$ 549$,771_11 <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 />