GREENBELT INTERNET ACCESS COOPERATIVE

PROFIT & LOSS June 2000


Ordinary Income/Expense Income 4000-Internet Service Revenue 400-Basic Service -75.00 4000-Internet Service Revenue - Other 852.00 --------- Total 4000-Internet Service Revenue 777.00 ---------

Total Income 777.00

Expense 500-Internet Service Expense 575.00 510-Promotion 25.00 512-Social 52.95 515-Instructors 60.00 534-Voice Mail 37.21 540-Supplies Expense 44.03 551-Depreciation Expense 1.00 590-Miscellaneous Expense 50.00 --------- Total Expense 845.19 ---------

Net Ordinary Income -68.19 ---------

NET INCOME -68.19 =========


    Peggy Bates     Treasurer     July 13, 2000