WPCS- Collateral Account Balance
|
|||
Week of 12/13/13
|
|||
Amount
|
|||
Beginning bank balance 12/9/13
|
1,178,034
|
||
COLLECTIONS
|
|||
Collections 12/9/13-Accounts Receivable
|
167,992
|
(1)
|
|
Collections 12/10/13-Accounts Receivable
|
117,662
|
(1)
|
|
Collections 12/11/13-Accounts Receivable
|
(1)
|
||
Collections 12/12/13-Accounts Receivable
|
(1)
|
||
Collections 12/13/13-Accounts Receivable
|
(1)
|
||
(1)
|
|||
Weekly collections to date
|
285,653
|
||
TRANSFERS OUT
|
|||
Vendor payments prior week
|
(263,000)
|
||
Projected Payroll, Delinquent taxes, union benefits
|
(507,000)
|
||
Projected Vendor payments
|
|||
Letter of Credit
|
|||
Weekly transfers to Operating Account
|
(770,000)
|
||
Ending Cash Balance
|
693,688
|
||
Expected receipts balance of week
|
|||
Projected all subsidiaries
|
48,154
|
||
Seattle ACH 12/11/13
|
488
|
(1)
|
|
Suisun City ACH 12/11/13
|
65,772
|
(1)
|
|
(1)
|
|||
(1)
|
|||
114,414
|
|||
Projected Balance end of week
|
808,101
|