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