Balance Sheet             Name  WHITMER FARM                          Date   

ASSETS			LIABILITIES AND NET WORTH
Current farm assets		Value	Current farm liabilities	Value
Cash, checking and savings accounts		1,500	Farm accounts payable and accrued expenses
Prepaid expenses and supplies		2,200	ACME FUEL	350
Accounts Receivable DEFICIENCY PAYMT.		6,700	ACCRUED INTEREST - OPERATING	450
Crops held for sale or feed	Quantity		- MACHINERY	450
SOYBEANS	2,400	14,500	- MORTGAGE	6,500
			Current farm notes payable
			OPERATING LOAN	11,250
Livestock held for sale			Intermediate- and long-term principal due within 12 months
MARKET HOGS	150	14,000
			MACHINERY LOAN	3,500
			FARM MORGAGE	2,900
Other current farm assets			Other current farm liabilities
			CONTINGENCY INCOME TAX	1,500
Total current farm assets		38,900	Total current farm liabilities	26,900
Intermediate Farm Assets			Intermediate Farm Liabilities (amount due beyond 12 months)
Breeding Livestock
			J.D. TRACTOR	9,200
			CASE DISK	4,300
Machinery and equipment		64,800
Other Intermediate assets
Total Intermediate farm assets		64,800	Total current farm liabilities	13,500
Long-term farm assets			Long-Term farm liabilities (amount due beyond 12 months)
Farm real estate
100 ACRES, INCLUDING			FARM CREDIT - MORGAGE	85,000
HOME AND BUILDINGS		250,000
			CONTINGENCY TAX	14,000
Other long-term assets
Total long-term farm assets			Total long-term farm liabilities	99,000
Total farm assets		353,700	Total farm liabilities	139,400
Nonfarm assets			Nonfarm liabilities
CAR		8,500	GMAC - CAR LOAN	3,550
HOUSEHOLD ITEMS		10,000
CASH VALUE OF LIFE INS.		1,700
Total nonfarm assets		20,200	Total nonfarm liabilities	3,550
Total assets		373,900	Total liabilities	142,950
			Net worth	230,950