6 MARINE BIOLOGICAL LABORATORY. 



Schedule V Analysis of Plant Costs and Fire Insurance 

 in Force. 



We certify that, subject to the comments herewith, the 

 balance-sheet and income-and expense statement shown in 

 Exhibits A and B are in accordance with the books and correct, 

 to the best of our knowledge and belief. 



Very respectfully, 

 (Sgd.) HARVEY L. CHASE & COMPANY, 



Certified Public Accountants. 



MARINE BIOLOGICAL LABORATORY BALANCE SHEET, 

 DECEMBER 31, 1923. 



Assets. 

 Cash: 



In bank $ 1,332.49 



Petty Cash Fund 200.00 $ 1,532.49 



Accounts receivable 16,239.42 



Inventories: 



Supply department 22,459.15 



BIOLOGICAL BULLETIN 3.528.37 25,987.52 



Investments: 



Securities (Schedule I) 12,151.12 



Less Loan 1,100.00 



11,051.12 

 Cash (Schedule II) 1,176.84 12,227.96 



Stock in General Biological Supply House, Inc. . 12,700.00 



Gansett property account 11,531.27 



Less mortgage 8,182.01 3,349.26 



Educational Plant: 



Land 101,006.14 



Buildings 226,452.28 



Equipment 103,144.80 



430,603.22 

 Less reserve for depreciation 60,160.36 370,442.86 



Prepaid insurance 2,774.27 



Items in suspense 250.91 



$445,504.69 

 Liabilities. 



Accounts payable $ 966.74 



Notes payable 5,000.00 



Trust funds , 12,227.96 



