GREENBELT INTERNET ACCESS COOPERATIVE

PROFIT & LOSS January-July 2000


Ordinary Income/Expense Income 4000-Internet Service Revenue 400-Basic Service 5,259.00 401-Mailbox 154.00 402-Website 14.00 408-Activation Fees 10.00 409-Setup Fees 75.00 --------- Total 4000-Internet Service Revenue 5,512.00

499-Miscellaneous Income 0.00 ---------

Total Income 5,512.00

Expense 500-Internet Service Expense 4,233.90 501-Professional Services 580.00 510-Promotion 25.00 512-Social 52.95 515-Instructors 180.00 531-Domain Expense 35.00 534-Voice Mail 95.71 540-Supplies Expense 261.97 551-Depreciation Expense 8.00 555-Taxes 191.00 590-Miscellaneous Expense 55.95 --------- Total Expense 5,719.48 ---------

Net Ordinary Income -207.48

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

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

NET INCOME -152.84 =========


    Peggy Bates     Treasurer     August 10, 2000