EFTA00727264.pdf

Green Jets Incorporated Balance Sheet February 28, 2010 ASSETS Current Assets Regular Checking Account 28,38447 Payroll Checking Account 1,435.98 Accounts Receivable 1,148.71 Prepaid Expenses 25,000.00 Total Current Assets 55,969.16 Property and Equipment Furniture and Fixtures 335.45 Equipment 3,698.18 Accum. Depreciation - Fumitur (119.79) Accum. Depreciation - Equipmen (276.01) Total Property and Equipment 3,637.83 Other Assets Total Other Assets 0.00 Total Assets 59,606.99 LIABILITIES AND CAPITAL Current Liabilities Accounts Payable 107,749.02 Accrued Expenses 750.00 Accrued Expenses - Earthjet 18,026.20 Federal Excise Tax Payable 15,118.13 Government Segment Fee Payable 310.40 Federal Payroll Taxes Payable 411.94 Medicare Taxes Payable 172.51 Social Security Taxes Payable 747.71 FUTA Tax Payable 271.84 SUTA Payable 350.41 Line of Credit (Hays Jet LLC) 560,000.00 Interest (Hays Jet LLC) 27,685.92 Total Current Liabilities 731,594.08 Long-Term Liabilities Total Long-Term Liabilities 0.00 Total Liabilities 731,594.08 Capital Common Stock 175.00 Paid-in Capital 174,825.00 Retained Earnings (669,150.08) Net Income (177,837.01) Total Capital (671,987.09) Total Liabilities & Capital 59,606.99 Unaudited - For Management Purposes Only EFTA00727264