GREENBELT INTERNET ACCESS COOPERATIVE

PROFIT & LOSS July 2000


Ordinary Income/Expense Income 4000-Internet Service Revenue 400-Basic Service 700.00 401-Mailbox 20.00 402-Website 2.00 409-Setup Fees 75.00 --------- Total 4000-Internet Service Revenue 797.00 --------- 499-Miscellaneous Income 0.00 --------- Total Income 797.00

Expense 500-Internet Service Expense 963.40 540-Supplies Expense 138.12 551-Depreciation Expense 1.00 555-Taxes -409.00 --------- Total Expense 693.52 ---------

Net Ordinary Income 103.48

Other Income/Expense Other Income 452-Interest Income 54.64 --------- Total Other Income 54.64 ---------

Net Other Income 54.64 ---------

NET INCOME 158.12 =========


    Peggy Bates     Treasurer     August 10, 2000