Balance on 12/3/01: $2,096.21

Income:

1/7/02 Dealer check for Drums 3 $100.00
1/7/02 Herald advertisement space $50.00
1/7/02 Membership dues $84.00

Expenses:

12/28/01 Check to Secretary of State $25.00

Balance on 1/12/02: $2,305.21

Correction to Advance the Colors profit in Herald #44

On the Advance the Colors 2001 Profit/Loss Statement (page 7, Herald #44), Net Profit is listed as $3,846.19. This is an error. That dollar figure is total expenses. The Net Profit was actually $525.31.

(Editor's Note: This mistake is completely my fault -- I pasted the wrong number when updating Jack Shaw's report last issue. My apologies for any confusion.)