MAY. 01 NR- BARBOSA 1,000,000.

00
AR 1,000,000.00

NR- BARLONVINTO 1,500,000.00

AR 1,500,000.00

JUL. 30 AR- BARBOSA 1,030,000.00

NR- BARBOSA 1,000,000.00
INT. INCOME 30,000.00

AUG. 1 ACCRUED INTEREST 3 MONTHS

DISCOUNT PERIOD 3 MONTHS 15%

PRINCIPAL 1,500,000.00
INTEREST 90,000.00
MATURITY VALUE 1,590,000.00
DISCOUNT - 59,625.00
PROCEEDS 1,530,375.00

ACCRUED INTEREST 45,000.00

(1,500,000*12%*3/12)

CASH 1,530,375.00
LOSS 14,625.00
NR-DISCOUNTED-BARLONVINTO 1,500,000.00
INT. INCOME 45,000.00

SEP. 1 NR- BASTUNAN 660,000.00

AR 600,000.00
UII 60,000.00

SEP. 28 CASH 1,050,600.00

AR- BARBOSA 1,030,000.00
INT. INCOME 20,600.00

OCT. 1 NR-BATANTE 2,500,000.00

SALES 2,500,000.00

NOV. 1 AR- BARLONVINTO 1,650,000.00

CASH 1,650,000.00
(MV+PF)

NR-DISCOUNTED-BARLONVINTO 1,500,000.00
NR 1,500,000.00

DEC. 30 CASH 2,575,000.00

NR-BATANTE 2,500,000.00
 INTEREST INCOME 75,000.00

CASH 1,683,000.00
AR-BARLONVINTO 1,650,000.00
INT INCOME 33,000.00

UII 20,000.00
INT. INCOME 20,000.00

TOTAL INTEREST INCOME 223,600.00

90-DAY 12%

6 MONTHS 12%

1 YEAR

90- DAY 12%