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SEC Filings

S-4/A
AVALON CABLE OF MICHIGAN INC/ filed this Form S-4/A on 05/28/1999
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                    AMRAC CLEAR VIEW, A LIMITED PARTNERSHIP

                                 BALANCE SHEET
                                  May 28, 1998

                                     ASSETS

<TABLE>
<S>                                                                  <C>
Current Assets
  Cash and cash equivalents......................................... $  415,844
  Subscribers and other receivables, net of allowance for doubtful
   accounts of $16,445..............................................     45,359
  Prepaid expenses and other current assets.........................    129,004
                                                                     ----------
    Total current assets............................................    590,207
Property, plant and equipment, net..................................    483,134
                                                                     ----------
                                                                     $1,073,341
                                                                     ==========
</TABLE>


                        LIABILITIES AND PARTNERS' EQUITY

<TABLE>
<S>                                                                  <C>
Accounts payable.................................................... $   57,815
Accrued expenses....................................................     84,395
                                                                     ----------
    Total current liabilities.......................................    142,210
                                                                     ----------
Commitments and contingencies (Note 7)
Partners' equity....................................................    931,131
                                                                     ----------
                                                                     $1,073,341
                                                                     ==========
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   The accompanying notes are an integral part of these financial statements.

                                      F-74