John Walker presented a financial report. Proceeds of the sale of stock and options were $59,030. Expenditures have been as follows:
IBM PC with printer, memory expansion, etc. 6,317 Sierra Z-80 boards (CP/M for M9900 users) 1,804 Stationery, copying, etc. 324 Supplies 337 Printing for Computer Faire 820 Legal fees 3,949
Income: $115 interest from Capital Preservation Fund.
We currently have $45,592 in liquid assets, almost entirely in Capital Preservation Fund. (Yes, Virginia, there is a round-off error in the totals.)