Partner I

Non-performing

Partner II

Performing

Total

Gross minimum lease payments receivable

$

1,451,477

$

669,156

$

2,120,633

Accrued interest

-

3,810

3,810

Less: unearned interest

(390,892)

(180,484)

(571,376)

Less: reserve for bad debt

(668,958)

-

(668,958)

Finance leases receivable

391,627

492,482

884,109

Less current portion

(80,733)

(56,358)

(137,091)

Long term portion

$

310,894

$

436,124

$

747,018

Partner I

Partner II

Total

Gross minimum lease payments receivable

$

1,516,985

$

581,000

$

2,097,985

Accrued interest

5,312

2,752

8,064

Less: unearned interest

(410,837)

(157,931)

(568,768)

Finance leases receivable

1,111,460

425,821

1,537,281

Less current portion

(127,644)

(48,083)

(175,727)

Long term portion

$

983,816

$

377,738

$

1,361,554