H V C N

Huron Valley Community Network

Income Statement

For the Twelve Months Ending December 31, 2000

                            Current Mo   Current Mo     Y-T-D        Y-T-D
                            This Year    Last Year    This Year    Last Year
  Revenues
   Contributions-Unres.     $    0.00    $    0.00    $    0.00    $    3.00
   Membership dues               0.00        25.00       650.00       310.00
   Investment Income            15.79        15.40       190.45       140.63
   Miscellaneous Income          0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Revenues               15.79        40.40       840.45       453.63
                            _________    _________    _________    _________

  Cost of Sales
                            _________    _________    _________    _________
   Total Cost of Sales           0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
  Gross Profit                  15.79        40.40       840.45       453.63
                            _________    _________    _________    _________

  Expenses
   Office Expenses               0.00         0.00        12.50         0.00
   Management & General          0.00         0.00     1,035.00     1,045.00
   Depr Exp - Equipment          0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Expenses                0.00         0.00     1,047.50     1,045.00
                            _________    _________    _________    _________
  Net Income                $   15.79    $   40.40    $ (207.05)   $ (591.37)
                            =========    =========    =========    =========

                          For Management Purposes Only