Estate of Eldon L. Auker, Deceased, Kimberlee J. Auker, Independent Personal Representative - Page 8

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                          Total                                                       797,588                   
                   Net Worth                                                                                    
             Total                                                                   3,080,956                  

                   1We recognize that the total value of these assets is $3,877,914.  The parties               
             have stipulated that the total value is $3,878,544, and they have not explained the                
             difference between their stipulated value and the actual value.  We proceed using                  
             the stipulated value.                                                                              
             Auker Homes                                                                                        
                   Assets                                                                                       
                          Cash                                                                                  
             $4,942                                                                                             
                          Escrow account--sales in process                                                      
             93,123                                                                                             
                          Inventory-supplies                                                                    
             14,290                                                                                             
                          Accounts and notes receivable                                                         
             13,026                                                                                             
                          Receivable--Kings Pointe Enterprises                                                  
             960,124                                                                                            
                          Receivable--Grand Pointe, Inc.                                                        
             1,532,150                                                                                          
                          Mortgage receivable--Kings Pointe Enterprises                                         
             500,000                                                                                            
                          Accrued interest on receivables                                                       
             228,758                                                                                            
                          Land contracts receivable                                                             
             353,906                                                                                            
                          Commercial rental property--Victoria Square Shopping Mall                             
             775,000                                                                                            
             4501 Hill Road, Grand Blanc                                                                        
                          Commercial rental property--Kingsley Square                                           
             600,000                                                                                            
             6070 Fenton Road, Flint                                                                            
                          Commercial rental property--Ponderosa                                                 
             515,000                                                                                            
             1030 Hill Road, Grand Blanc                                                                        
                          Commercial rental property--Richfield Road Medical Center                             
             140,000                                                                                            
             5529 Richfield Road, Flint                                                                         
                          Residential rental properties                                                         
             263,930                                                                                            
                          Sage Lake Property                                                                    
             475,000                                                                                            
                          Developed residential lots held for sale                                              
             370,170                                                                                            
                          Tri-Park development costs                                                            
             145,240                                                                                            
                          Land held for sale                                                                    
             283,200                                                                                            
                          Equipment and/or vehicles                                                             
             19,536                                                                                             
                          Total                                                                                 
             17,242,395                                                                                         
                   Liabilities                                                                                  
                   Total                                                                                        
             1,986,238                                                                                          






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Last modified: May 25, 2011