Table 1

                                Income Statement                                                              Balance Sheet

Sales                                       $20,000,000                         Assets:

Cost of Goods Sold                 8,000,000                          Cash                                       $  5,000,000

                                                  12,000,000                         Marketable Securities           12,500,000

Selling and Administrative    1,600,000                          Accounts Receivable, net      2,500,000

Depreciation                            3,000,000                           Inventory                               30,000,000

                                                   7,400,000                           Prepaid Expenses                                  5,000,000

Interest                                     2.000,000                           Plant & Equipment              30,000,000

                                                   5,400,000                          

Taxes (40%)                            2,160,000                           Total Assets                          85,000,000

                                                   3,240,000                          

Common Stock Div.                 600,000                           Liabilities and Equity:

                                                 $2,640,000                          Accounts Payable                               $20,000,000

                                                                                                Notes Payable                          5,000,000

                                                                                                Accrued Expenses                    5,000,000

                                                                                                Bonds                                       25,000,000

                                                                                                Common Stock                        5,000,000

                                                                                                Capital in Excess of Par        10,000,000

                                                                                                Retained Earnings                  15,000,000

                                                                                                Total Liabilities and

                                                                                                Equity                                   $85,000,000