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<br />METRO EQUIPMENT SERVICE, INC. <br /> <br />BALANCE SHEET <br /> <br />JUNE 30, 2007 <br /> <br />f";' <br /> <br /> <br />ASSETS <br /> <br />Current assets: <br />Cash and cash equivalents <br />Contracts receivable, including retainages of $1,750,103 <br />Costs and estimated earnings in excess of billings on <br />uncompleted contracts <br />Other receivables <br />Restricted deposit <br /> <br />$ 1,562,198 <br />4,973,832 <br /> <br />3,767,873 <br />5,300 <br />30,543 <br /> <br />Total current assets <br /> <br />10.339.746 <br /> <br />Property and equipment <br />Less: Accumulated depreciation <br /> <br />2,025,036 <br />1,242,434 <br /> <br />782.602 <br /> <br />Other assets <br /> <br />6,242 <br /> <br />$ 11.128,590 <br /> <br />-2- <br /> <br />