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Full title: Debtor-In-Possession Monthly Operating Report for Filing Period May 1 - 31, 2021 Filed by Klausner Lumber Two LLC. (Amer, Nader) (Entered: 06/21/2021)

Document posted on Jun 20, 2021 in the bankruptcy, 14 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

MONTHLY OPERATING REPORT File with Court and submit copy to United States Trustee within 20 days after end of month.The amounts currently classified as liabilities subject to compromise are preliminary and may be subject to future adjustments depending on Court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims, rejection of executory contracts, continued reconciliation or other events.THE FOLLOWING SECTION MUST BE COMPLETED TOTAL DISBURSEMENTS 1,280,775 LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS (1,000,000) PLUS; ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e, from escrow accounts) 0TOTAL DISBURSEMENTS FOR CALCULATING US TRUSTEE QUARTERLY FEES 280,775 EastWest Bank DIP Segregated Money Market X6933 56,913,372 This schedule is to include all retained professional payments from case inception to current month.

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UNITED STATES BANKRUPTCY COURT In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 MONTHLY OPERATING REPORT File with Court and submit copy to United States Trustee within 20 days after end of month. Submit copy of report to any official committee appointed in the case. Document Explanation Affidavit/Supplement REQUIRED DOCUMENTS Form No. Attached Attached Attached
Table 1 on page 1. Back to List of Tables
Schedule of Cash Receipts and Disbursements MOR-1 X
Bank Reconciliation (or copies of debtor's bank reconciliations) MOR-1a X
Schedule of Professional Fees Paid MOR-1b X
Copies of bank statements MOR-1a X
Cash disbursements journals
Statement of Operations MOR-2 X
Balance Sheet MOR-3 X
Status of Postpetition Taxes MOR-4 X
Copies of IRS Form 6123 or payment receipt
Copies of tax returns filed during reporting period
Summary of Unpaid Postpetition Debts MOR-4a X
Listing of aged accounts payable MOR-4 X
Accounts Receivable Reconciliation and Aging MOR-5 X
Debtor Questionnaire MOR-5 X
I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documentsare true and correct to the best of my knowledge and belief. _______________________________________ ______________________________Signature of Debtor Date _______________________________________ ______________________________Signature of Joint Debtor Date /s/ Bob Prusak June 21, 2021Signature of Authorized Individual* Date Bob Prusak Chief Restructuring Officer Printed Name of Authorized Individual Title of Authorized Individual*Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtoris a partnership; a manager or member if debtor is a limited liability company. The last four digits of the Debtor's United States federal tax identification number are 4897. The Debtor's mailing address is Klausner Lumber Two LLC, PO Box C, Redding Ridge, CT 06876.

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 GENERAL NOTES Debtor-in-Possession Financial Statements The financial statements and supplemental information contained herein are unaudited, preliminary and may not comply with generally accepted accounting principles ("GAAP") in all material respects. In preparing the monthly operating report ( the "MOR"), the Debtor relied on financial data derived from its books and records that was available at the time of preparation. Subsequent information or discovery may result in material changes to the MOR and errors or omissions may exist. Notwithstanding any such results, discovery, new information, or errors or omissions, the Debtor did not undertake any obligation or commitment to update the MOR. The results of operations contained herein are not necessarily indicative of results which may be expected from any other period or for the full year and may not necessarily reflect the results of operations, financial position and cash flows of the Debtor in the future. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. Liabilities Subject to Compromise As a result of the chapter 11 filing, the payment of prepetition indebtedness is subject to compromise or other treatment under a chapter 11 plan. The determination of how liabilities will ultimately be settled or treated cannot be made until the Bankruptcy Court approves a chapter 11 plan. Accordingly, the ultimate amount of such liabilities is not determinable at this time. The amounts currently classified as liabilities subject to compromise are preliminary and may be subject to future adjustments depending on Court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims, rejection of executory contracts, continued reconciliation or other events. Reservation of Rights The Debtor reserves all rights to amend or supplement the MOR in all respects, as may be necessary or appropriate. Nothing contained in this MOR shall constitute a waiver of any of the Debtor's rights or an admission with respect to this Chapter 11 case.

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS MOR-1 Amounts reported are per the debtor's books (not the bank statement). Bank Accounts
Table 1 on page 3. Back to List of Tables
Operating
418,130
0
1,516
0
DIP Segregated
217,905
1,000,000
Utilities
0
Taxes
0
DIP Segregated
MM
57,910,248
3,124
None None
1,516
158
1,000,000
0
25,000
0
5,892
249,725
0
0
0 0 3,124
1,000,000
1,004,640
0
25,000
0
1,000,000
6,050
249,725
0
0
0
0
148,382,976
174,501
377,813
0
59,142,737
602,485
7,985,565
0
9,134,548
12,616,979
295,937
158 280,617 0 0 1,000,000 1,280,775 90,330,565
419,488 937,288 None 0 0 56,913,372 58,270,148 58,270,148
None None None None
(a) Including costs paid by Buyer at closing (b) Including amounts paid into the Professional Fee Escrow THE FOLLOWING SECTION MUST BE COMPLETED TOTAL DISBURSEMENTS 1,280,775 LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS (1,000,000) PLUS; ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e, from escrow accounts) 0TOTAL DISBURSEMENTS FOR CALCULATING US TRUSTEE QUARTERLY FEES 280,775

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 BANK RECONCILIATIONS MOR-1a Bank Type Account A/C # Balance EastWest Bank Operating Account X6205 $ 419,488EastWest Bank DIP Segregated Account X6667 937,288 EastWest Bank Utilities Account X6212 0 EastWest Bank Taxes Account X6219 0 EastWest Bank DIP Segregated Money Market X6933 56,913,372 Total Bank Balance $ 58,270,148 (1) Add/Less: Reconciling Items Outstanding checks a/c X6667 0 Book Balance $ 58,270,148 (1) Bank statements and reconciliations for all open and active bank accounts are retained by the Debtor and areavailable upon request by the United States Trustee's office. The following pre-petition bank accounts have been closed: Wells Fargo A/C ending 0594 Wells Fargo A/C ending 1075 Wells Fargo A/C ending 5967 Wells Fargo A/C ending 6777 The following post-petition bank account was closed in June, 2020 and replaced by EastWest A/C ending 6205EastWest Bank A/C ending 6177

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID This schedule is to include all retained professional payments from case inception to current month.
Table 1 on page 5. Back to List of Tables
Payee Period Covered Amount
Approved
Check None Amount Paid None Cumulative Amount Paid None
None None None Number Date Fees Expenses Fees Expenses
Asgaard Capital LLC Jun10-Jun30, 2020 225,069.37 Prof Escrow 09/28/20 219,441.50 5,627.87
Asgaard Capital LLC July, 2020 344,079.23 Prof Escrow 09/28/20 335,550.50 8,728.73
Asgaard Capital LLC Aug, 2020 317,725.95 Prof Escrow 09/28/20 67,137.20 6,920.20
Asgaard Capital LLC Prof Escrow 09/28/20 105,000.00
Asgaard Capital LLC Sep, 2020 357,519.32
Asgaard Capital LLC Oct, 2020 (partial) 352,253.36
Asgaard Capital LLC Prof Escrow 10/22/20 40,114.00
Asgaard Capital LLC Prof Escrow 11/10/20 40,114.00
Asgaard Capital LLC Prof Escrow 12/21/20 457,000.00
Asgaard Capital LLC Thru Oct, 2020 Wire 01/27/21 298,483.55 12,529.68
Asgaard Capital LLC Nov, 2020 382,924.00 Wire 01/29/21 380,345.50 2,578.50
Asgaard Capital LLC Dec, 2020 225,837.00 Wire 01/29/21 225,837.00
Asgaard Capital LLC Transaction fees 3,940,042.00 Wire 02/05/21 3,940,042.00
Asgaard Capital LLC Jan, 2021 192,872.00 Wire 02/19/21 192,872.00
Asgaard Capital LLC Feb, 2021 129,438.50 Wire 03/19/21 129,438.50
Asgaard Capital LLC Mar, 2021 125,660.00 Wire 04/19/21 125,660.00
Asgaard Capital LLC Apr, 2021 88,390.99 Wire 05/18/21 88,390.99
Asgaard Capital LLC Jan, 2021 expenses 753.99 Wire 05/18/21 753.99 6,645,426.74 37,138.97
Morris Nichols Arsht & Tunnell Jun10-July 31, 2020 196,524.87
Morris Nichols Arsht & Tunnell Aug, 2020 111,928.38
Morris Nichols Arsht & Tunnell Prof Escrow 10/30/20 266,697.35 3,495.65
Morris Nichols Arsht & Tunnell Sep, 2020 119,877.03
Morris Nichols Arsht & Tunnell Prof Escrow 11/16/20 20,218.00 0.00
Morris Nichols Arsht & Tunnell Oct, 2020 154,114.08
Morris Nichols Arsht & Tunnell Prof Escrow 12/22/20 101,000.00
Morris Nichols Arsht & Tunnell 1st Interim 105,691.20 Wire 01/25/21 296,396.73 327.83
Morris Nichols Arsht & Tunnell Nov, 2020 161,290.10
Morris Nichols Arsht & Tunnell Dec, 2020 100,933.50
Morris Nichols Arsht & Tunnell Wire 04/13/21 101,329.00 250.50
Morris Nichols Arsht & Tunnell 2nd Interim 37,925.78 Wire 04/13/21 198,569.88
Morris Nichols Arsht & Tunnell Jan, 2021 77,505.32 Wire 04/21/21 77,200.40 304.92
Morris Nichols Arsht & Tunnell Feb, 2021 41,576.54 Wire 05/05/21 41,452.00 124.54
Morris Nichols Arsht & Tunnell Mar, 2021 51,506.91 Wire 05/18/21 51,472.00 34.91 1,154,335.36 4,538.35

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Table 1 on page 6. Back to List of Tables
Payee Period Covered Amount
Approved
Check None Amount Paid None Cumulative Amount Paid None
None None None Number Date Fees Expenses Fees Expenses
Westerman Ball Ederer Miller Jun10-Jun30, 2020 53,612.40 Prof Escrow 10/30/20 53,612.40
Westerman Ball Ederer Miller July, 2020 184,118.86 Prof Escrow 10/30/20 182,812.40 1,306.46
Westerman Ball Ederer Miller Aug, 2020 105,036.77 Prof Escrow 10/30/20 102,148.00 2,888.77
Westerman Ball Ederer Miller Sept, 2020 165,526.28
Westerman Ball Ederer Miller Escrow 01/05/21 339,768.52 1,326.45
Westerman Ball Ederer Miller Oct, 2020 299,292.05
Westerman Ball Ederer Miller Nov, 2020 210,001.71
Westerman Ball Ederer Miller 1st Interim 119,310.40 Wire 01/21/21 452,996.96 38.51
Westerman Ball Ederer Miller Dec, 2020 181,707.13 Wire 04/13/21 177,701.60 4,005.53
Westerman Ball Ederer Miller 2nd Interim 171,220.10 Wire 04/13/21 171,220.10
Westerman Ball Ederer Miller Jan, 2021 88,417.98 Wire 04/21/21 88,331.80 86.18
Westerman Ball Ederer Miller Feb, 2021 25,480.40 Wire 04/21/21 25,480.40
Westerman Ball Ederer Miller Mar, 2021 56,488.71 Wire 05/18/21 56,323.60 165.11 1,650,395.78 9,817.01
Donlin Recano & Company Inc June, 2020 5,796.19 Wire 08/18/20 5,796.19
Donlin Recano & Company Inc July, 2020 19,683.50 Wire 09/14/20 19,683.50
Donlin Recano & Company Inc Aug, 2020 23,308.74 Wire 10/15/20 23,308.74
Donlin Recano & Company Inc Sep, 2020 21,344.76 Wire 11/24/20 21,344.76
Donlin Recano & Company Inc Oct, 2020 22,410.89 Wire 11/24/20 22,410.89
Donlin Recano & Company Inc Nov, 2020 28,344.58 Wire 12/23/20 28,344.58
Donlin Recano & Company Inc 1st fee App 12,652.00 Wire 12/23/20 12,652.00
Donlin Recano & Company Inc Dec, 2020 25,169.04 Wire 02/10/21 25,169.04
Donlin Recano & Company Inc Holdback 3,163.00 Check 02/10/21 3,163.00
Donlin Recano & Company Inc 19,018.67 Wire 02/19/21 19,018.67
Donlin Recano & Company Inc Jan, 2021 914.08 Wire 04/21/21 914.08
Donlin Recano & Company Inc Feb, 2021 1,111.68 Wire 04/21/21 1,111.68
Donlin Recano & Company Inc Feb, 2021 13,280.86 Wire 04/21/21 13,280.86
Donlin Recano & Company Inc Mar, 2021 10,081.01 Wire 04/21/21 10,081.01
Donlin Recano & Company Inc Apr, 2021 11,761.98 Wire 05/18/21 11,761.98 218,040.98 0.00
Dinsmore & Shohl LLP Jul 1-Aug 31, 2020 48,940.90 Prof Escrow 10/30/20 48,925.60 15.30
Dinsmore & Shohl LLP Sep, 2020 9,996.69 Prof Escrow 11/20/20 9,926.00 70.69
Dinsmore & Shohl LLP 1st Interim 14,567.91 Prof Escrow 01/22/21 14,567.91
Dinsmore & Shohl LLP Oct, 2020 12,044.30 Prof Escrow 12/22/20 12,038.00 6.30
Dinsmore & Shohl LLP Nov, 2020 31,748.35 Prof Escrow 01/22/21 31,748.35
Dinsmore & Shohl LLP Dec, 2020 61,753.20 Prof Escrow 04/13/21 61,753.20
Dinsmore & Shohl LLP 2nd Interim 25,937.70 Prof Escrow 04/13/21 25,937.70
Dinsmore & Shohl LLP Jan, 2021 33,213.60 Prof Escrow 04/21/21 33,213.60
Dinsmore & Shohl LLP Feb, 2021 23,605.60 Prof Escrow 04/21/21 18,897.35
Dinsmore & Shohl LLP Wire 04/21/21 4,708.25 261,715.96 92.29

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Table 1 on page 7. Back to List of Tables
Payee Period Covered Amount
Approved
Check None Amount Paid None Cumulative Amount Paid None
None None None Number Date Fees Expenses Fees Expenses
Eisner Amper LLP Aug 12-31, 2020 11,612.64 Prof Escrow 11/16/20 11,600.64 12.00
Eisner Amper LLP Sep. 2020 15,261.12 Prof Escrow 12/29/20 15,261.12
Eisner Amper LLP Oct, 2020 4,297.32 Prof Escrow 12/29/20 4,297.32
Eisner Amper LLP 1st Interim 5,515.44 Prof Escrow 02/12/21 5,515.44
Eisner Amper LLP Nov, 2020 7,733.16 Prof Escrow 04/13/21 7,733.16
Eisner Amper LLP Dec, 2020 9,913.68 Prof Escrow 04/13/21 9,913.68
Eisner Amper LLP 2nd Interim 5,486.04 Prof Escrow 04/13/21 5,486.04
Eisner Amper LLP Jan, 2021 10,560.40 Prof Escrow 04/21/21 10,544.40 16.00
Eisner Amper LLP Feb, 2021 12,277.08 Prof Escrow 04/21/21 12,277.08 82,628.88 28.00
Elliott Greenleaf, PC Jun30 - Jul31, 2020 46,789.85 Prof Escrow 11/16/20 48,990.80 319.50
Elliott Greenleaf, PC Aug, 2020 49,310.30 Prof Escrow 11/16/20 46,570.40 219.45
Elliott Greenleaf, PC Sep, 2020 61,470.30 Prof Escrow 12/29/20 61,414.80 55.50
Elliott Greenleaf, PC Oct, 2020 46,937.08 Prof Escrow 12/29/20 46,707.20 229.88
Elliott Greenleaf, PC 1st Interim Prof Escrow 02/12/21 36,044.00
Elliott Greenleaf, PC Nov, 2020 44,164.50 Prof Escrow 04/21/21 43,965.60 198.90 283,692.80 1,023.23
Ellis & Winters LLP Jun-Sep, 2020 57,837.50 Prof Escrow 12/30/20 57,638.00 199.50
Ellis & Winters LLP 1st Interim 14,409.50 Prof Escrow 02/12/21 14,409.50
Ellis & Winters LLP Oct, 2020 44,790.00 Prof Escrow 04/13/21 44,670.00 120.00
Ellis & Winters LLP Nov, 2020 31,336.00 Prof Escrow 04/13/21 31,336.00
Ellis & Winters LLP Dec, 2020 19,694.72 Prof Escrow 04/13/21 12,552.00 7,142.72
Ellis & Winters LLP 2nd Interim 16,854.95 Prof Escrow 04/13/21 20,007.27 (3,152.32) 180,612.77 4,309.90
Law Office of Susan Kaufman Aug-Sep, 2020 3,772.00 CK 5028 12/07/20 3,772.00 0.00
Law Office of Susan Kaufman Holdback 943.00 Check 02/10/21 943.00 4,715.00 0.00
Cypress Holdings LLC Aug-Oct, 2020 174,190.00 Escrow 12/10/20 165,690.00 8,500.00
Cypress Holdings LLC Transaction fees 4,868,557.00 Wire 01/13/21 4,868,557.00 5,034,247.00 8,500.00
Curtis, Mallet-Prevost, Colt & Mosle Jul-Aug, 2020 45,664.40
Curtis, Mallet-Prevost, Colt & Mosle Sep, 2020 65,548.38
Curtis, Mallet-Prevost, Colt & Mosle Oct, 2020 65,957.26
Curtis, Mallet-Prevost, Colt & Mosle Catchup Escrow 01/05/21 179,204.80 965.24
Curtis, Mallet-Prevost, Colt & Mosle 1st Interim 28,455.60 Escrow 02/12/21 25,455.60
Curtis, Mallet-Prevost, Colt & Mosle Nov, 2020 61,689.03 Escrow 02/12/21 56,262.80 5,426.23
Curtis, Mallet-Prevost, Colt & Mosle Dec, 2020 8,644.73 Escrow 04/13/21 5,790.80 2,853.93
Curtis, Mallet-Prevost, Colt & Mosle 2nd Interim 30,794.52 Escrow 04/13/21 30,794.52
Curtis, Mallet-Prevost, Colt & Mosle Jan, 2021 10,517.65 Escrow 04/21/21 7,837.20 2,680.45
Curtis, Mallet-Prevost, Colt & Mosle Feb, 2021 31,155.08 Escrow 04/21/21 28,171.60 2,983.48 333,517.32 14,909.33

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Table 1 on page 8. Back to List of Tables
Payee Period Covered Amount
Approved
Check None Amount Paid None Cumulative Amount Paid None
None None None Number Date Fees Expenses Fees Expenses
McCausland Keen Aug-Sept (1st Interim) 580.00 Escrow 02/09/21 580.00
McCausland Keen Oct-Nov, 2020 18,884.80 Escrow 02/16/21 18,884.80
McCausland Keen Dec, 2020 2,134.40 Escrow 04/13/21 2,134.40
McCausland Keen 2nd Interim 5,254.80 Escrow 04/13/21 5,254.80 26,854.00 0.00

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 STATEMENT OF OPERATIONS MOR-2 The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it isrealized and expenses when they are incurred, regardless of when cash is actually received or paid. Cumulative REVENUES Month Filing to Date
Table 1 on page 9. Back to List of Tables
Misc Income $ 21,980
TSA Income $ 1,516 $ 30,357
Sale of Assets 259,231
Sale Transaction 83,400,000
Interest Income 3,124 13,372
Net Revenue $ 4,640 $ 83,724,940
None
None 158 1,227
None 175,182
None 25,000 377,813
None 0
None 5,770 141,945
None 0 174,502
None 38,535
None 0
None 0
None 0
None 122 24,456
None 187,805
None 180,228,756
None 491,683
None 31,050 181,841,904
None $ (26,410) $ (98,116,964)
None None
None 120,681 2,924,337
None 287,020 6,139,100
None 0 10,958,713
None 0
None 2,200 308,938
None 409,901 20,331,088
None $ (436,311) $ (118,448,052)

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 BALANCE SHEET MOR-3 As of June 10, 2020 As of May 31, 2021 (Petition Date) ASSETS Current Assets Checking/Savings EastWest Bank - DIP 419,488 EastWest Bank - DIP Segregated 937,288 EastWest Bank - DIP MM 56,913,372 EastWest Bank - Utilities 0 EastWest Bank - Taxes 0 EastWest Bank - Operating 0 217,382 Wells Fargo - operating 0 349 Wells Fargo - payroll 0 6 Total Checking/Savings 58,270,148 217,737 Other Current Assets Acc Receivable A/R - domestic 21 21 A/R - international 101,278 101,278 A/R - KTU 1,070,917 1,070,917 Total Acc Receivable 1,172,216 1,172,216 Due from KL-1 143,991 143,991 Inventory - green lumber 0 5,642 Inventory - log wood (manual) 0 231,547 Inventory - debarked 0 13,098 Inventory - mfg supplies 0 159,594 Inventory - Log wood in bark 0 23,034 NetSpend Debit Card 1,200 0 Prepaid Expenses - other 0 25,705 Professional Fee Escrow Account 352,398 0 Retainer 10,000 10,000 Total Other Current Assets 1,679,805 1,784,827 Total Current Assets 59,949,953 2,002,564 Other Assets Accumulated Depreciation - F/A Accum Depr - buildings 0 (260) AccumDepr - Tech Equip 0 (10,603) Total Accumulated Depreciation - F/A 0 (10,863) Buildings 0 61,064,116 Land and Improvements Land of own built-up land 0 1,729,276 Land improvements 0 8,807,037 Total Land and Improvements 0 10,536,313 Machinery & Equipment Factory and office equipment 0 4,708,600 Fixed assets under construction 0 3,483,592 Plant & Machinery 0 99,988,378 Total Machinery & Equipment 0 108,180,570

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 BALANCE SHEET MOR-3 As of June 10, 2020 As of May 31, 2021 (Petition Date) Other Assets Loan Klausner NMTC LLC 12,140,055 12,140,055 Security Deposits 1,200 1,200 Total Other Assets 12,141,255 12,141,255 Total Other Assets 12,141,255 191,911,391 TOTAL ASSETS 72,091,208 193,913,955 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities Accounts Payable 0 0 Accrued expenses 1,208,270 0 Notes Payable - DIP 0 0 Total Other Current Liabilities 1,208,270 0 Total Current Liabilities 1,208,270 0 Long Term Liabilities Liabilities subj to compromise 176,600,951 181,190,951 Total Long Term Liabilities 176,600,951 181,190,951 Total Liabilities 177,809,221 181,190,951 Equity Retained Earnings 5,994,286 12,485,622 Net Income (111,712,299) 237,382 Total Equity (105,718,013) 12,723,004 TOTAL LIABILITIES & EQUITY 72,091,208 193,913,955

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 CERTIFICATION REGARDING CASH DISBURSEMENTS AND COMPLIANCE AND PAYMENT OF POSTPETITON TAXES I Bob Prusak, Chief Restructuring Officer of Klausner Lumber Two LLC (the "Debtor"), hereby certify as follows: To the best of my knowledge and belief, the Debtor has filed all necessary tax returns and is current on all post-petition taxes, or is in the process of remediating any immaterial late filing or payments. By: /s/ Bob Prusak Bob Prusak June 21, 2021

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 SUMMARY OF UNPAID POSTPETITION DEBTS MOR-4a Number of Days Past Due Current 0-30 31-60 61-90 Over 90 Total Accounts Payable 0 0 Total Postpetition Debts $ - $ - $ - $ - $ - $ -

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In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 ACCOUNTS RECEIVABLE RECONCILIATION AND AGING MOR-5 Accounts Receivable Reconciliation Amount
Table 1 on page 14. Back to List of Tables
$ 1,172,216
0
0
$ 1,172,216
In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 ACCOUNTS RECEIVABLE RECONCILIATION AND AGING MOR-5 Accounts Receivable Reconciliation AmountAccounts Receivable Aging Amount
Table 2 on page 14. Back to List of Tables
$ -
0
0
1,172,216
1,172,216
0
$ 1,172,216
In re Klausner Lumber Two LLC Case No. 20-11518 (KBO) Debtor Reporting Period: May 1 - 31, 2021 ACCOUNTS RECEIVABLE RECONCILIATION AND AGING MOR-5 Accounts Receivable Reconciliation AmountAccounts Receivable Aging AmountDEBTOR QUESTIONNAIRE Must be completed each month Yes No
Table 3 on page 14. Back to List of Tables
1. Have any assets been sold or transferred outside the normal course of business
this reporting period? If yes, provide an explanation below.
X
2. Have any funds been disbursed from any account other than a debtor in possession
account this reporting period? If yes, provide an explanation below.
X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation
below.
X
4. Are workers compensation, general liability and other necessary insurance
coverages in effect? If no, provide an explanation below.
X
5. Has any bank account been opened during the reporting period? If yes, provide
documentation identifying the opened account(s). If an investment account has been opened
provide the required documentation pursuant to the Delaware Local Rule 4001-3.
X

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