Dec 31, 05
ASSETS
	Current Assets
		Checking/Savings
			Bank Accounts
				Morgan Keegan Money Market		114,768.46
			Total Bank Accounts			114,768.46
		Total Checking/Savings				114,768.46
		Accounts Receivable
			Accounts Receivable			1,903.00
		Total Accounts Receivable				1,903.00
	Total Current Assets					116,671.46
TOTAL ASSETS						116,671.46
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				Accounts Payable		13,000.00
			Total Accounts Payable			13,000.00
			Other Current Liabilities
				Refunds -- Other Liability
					Refundable Builders Deposits	27,500.00
				Total Refunds -- Other Liability		27,500.00
			Total Other Current Liabilities			27,500.00
		Total Current Liabilities				40,500.00
	Total Liabilities					40,500.00
	Equity
		Retained Earnings				75,913.00
		Net Income				258.46
	Total Equity					76,171.46
TOTAL LIABILITIES & EQUITY						116,671.46