MONTHLY DEPRECIATION REPORT

/web/1998                                         MONTHLY DEPRECIATION SCHEDULE                                            PAGE   1
16:59:48 15 Apr 1998                                FOR XYZ INC.
G/L#       ASSET  DESCRIPTION              SERIAL NUMBER         PURCHASED  LIFE      COST      ACC DEP  DEP THIS MO   BOOK VALUE 

01.01.1305  4352  WHITE NISSAN 1993 PICKU  IN6SD11S9PC314173     /web/92  60    12,927.56     9,133.00         0.00     3,794.56
                  1992 YEAR TOTALS                                               12,927.56     9,133.00         0.00     3,794.56

01.01.1305  4418  WHITE PANEL VAN          JT4YR28V8K5068802     /web/94  60     4,492.88     4,178.54        61.10       253.24
                  1994 YEAR TOTALS                                                4,492.88     4,178.54        61.10       253.24

01.01.1305  4429  NISSAN KING CAB TRUCK    1N6SD16S2SC380534     /web/95  60    14,882.91     9,417.19       254.25     5,211.47
                  1995 YEAR TOTALS                                               14,882.91     9,417.19       254.25     5,211.47

01.01.1305        ACCOUNT TOTALS                                                 32,303.35    22,728.73       315.35     9,259.27

01.01.1306  4002  AUDIO EQUIPMENT - YAMAH                        /web/83   5     1,480.00     1,480.01         0.00         0.00
01.01.1306  4003  OFFICE FURNITURE                               /web/83   5       413.70       413.70         0.00         0.00
01.01.1306  4005  TOOLS                                          /web/83   5        99.00        99.00         0.00         0.00
01.01.1306  4056  CREDENZA - TEAK                                /web/83   5       325.00       325.00         0.00         0.00
01.01.1306  4057  CREDENZA - TEAK 3 DRAWE                        /web/83   5       429.00       429.00         0.00         0.00
                  1983 YEAR TOTALS                                                2,746.70     2,746.71         0.00         0.00

01.01.1306  4014  BURGLAR ALARM                                  /web/84   5     1,001.70       951.54         0.00        50.16
01.01.1306  4008  PRINTER STAND                                  /web/84   5       137.00       130.26         0.00         6.74
01.01.1306  4009  DESK W/WORK TABLE                              /web/84   5       641.40       609.20         0.00        32.20
01.01.1306  4010  DESK W/WORK TABLE                              /web/84   5       641.40       609.20         0.00        32.20
01.01.1306  4011  DESK W/WORK TABLE                              /web/84   5       641.40       609.20         0.00        32.20
01.01.1306  4012  DESK W/WORK TABLE                              /web/84   5       641.40       609.20         0.00        32.20
01.01.1306  4013  DESK W/WORK TABLE                              /web/84   5       641.40       609.20         0.00        32.20
01.01.1306  4055  RETURN - WOOD OAK                              /web/84   5       155.00       155.00         0.00         0.00
01.01.1306  4016  FRAMES                                         /web/84   5        99.51        94.36         0.00         5.15
01.01.1306  4015  VARIOUS PRINTS                                 /web/84   5       648.72       616.13         0.00        32.59