Huron Valley Community Network

Balance Sheet

May 31, 1997

                                       ASSETS

   Current Assets
   Checking Account - Regular           $  1,427.80
                                        ____________
    Total Current Assets                                           1,427.80
   Property and Equipment                    300.00
                                        ____________
    Total Property and Equipment                                     300.00
   Other Assets
                                        ____________
    Total Other Assets                                                 0.00
                                                                ____________
    Total Assets                                                $  1,727.80
                                                                ============


                                  LIABILITIES AND CAPITAL
   Current Liabilities
                                        _____________
    Total Current Liabilities                                          0.00
   Long-Term Liabilities
                                        _____________
    Total Long-Term Liabilities                                        0.00
                                                                ____________
    Total Liabilities                                                  0.00
   Capital
   Retained Earnings                    $  1,173.20
   Net Income                                524.60
                                        _____________
    Total Capital                                                  1,727.80
                                                                ____________
    Total Liabilities & Capital                                 $  1,727.80
                                                                ============

                   Unaudited - For Management Purposes Only