CE SOFTWARE, INC. Balance Sheets March 31, 2004 and September 30, 2003 (Unaudited)
	March 31	September 30
Assets
Current assets:
Cash and cash equivalents	$ 638,081	$ 541,137
Trade accounts receivable	50,761	67,410
Inventories	34,066	65,865
Other current assets	40,869	58,115
Total current assets	763,777	732,527
Property, fixtures, and equipment:
Fixtures and equipment	424,808	1,924,808
Total property, fixtures, and equipment	424,808	1,924,808
Less accumulated depreciation	406,145	1,897,124
Net property, fixtures, and equipment	18,663	27,684
Intangible assets, net of amortization	-	21,845
Other assets	1,288	1,298
Total assets	$ 783,728 ========	$ 783,354 ========
Liabilities and Stockholders' Equity
Current liabilities:
Trade accounts payable	$ 14,930	21,528
Accrued payroll and benefits	74,638	80,214
Other accrued payables	22,133	31,048
Deferred revenue	3,000	7,200
Total current liabilities	114,701	139,990
Total liabilities	114,701	139,990
Stockholders' equity:
Common stock	144,830	144,830
Additional paid-in capital	1,556,900	1,556,900
Accumulated deficit	(1,032,703)	(1,058,366)
Total stockholders' equity	669,027	643,364
Total liabilities and stockholders' equity	$ 783,728 ========	$ 783,354 ========
	March 31	September 30
Total Assets	$783,728	$ 783,354
Total Liabilities	114,701	139,990
Total Stockholders' Equity	669,027	643,364
Cash and Investments	638,081	541,137

Balance Sheets        Statements of Operations        Statement of Cash Flow