Prepared by MERRILL CORPORATION




[JOHNSON & JOHNSON
MEDICAL LETTERHEAD] 


May 24,
2001

Via Email 


Mr. Ray
Burton

Oxboro Medical

13828 Lincoln St. NE

Ham Lake, MN 55304-6949 


Reference:
Invoice for STERION—ASP related inventory 


INVOICE
NUMBER and AMOUNT: SterionASPInventory1 $117,110.42 



Dear
Mr. Burton, 


    Please
find attached the detail for the invoiced amount of $117,110.42 in the attached file (SterionASPInventoryFinal). Please use the same account and wiring instructions as provided
for the transfer of funds for the purchase of the STERION business. 


    Your
assistance is greatly appreciated. I wish you success in the future with this business. 


Respectfully,



Mark
T. Zenz

Director, New Business Development, J&J Medical

Fax:  (817) 262-3960

Phone: (817) 262-4004 






ASP FINISHED GOODS, RAW MATERIAL & WIP INVENTORY @ 5/23/01  


 Inventory: AA (Raw Materials—Molded Parts)  



	Part Number
 
	 	Description
	 	ABC
	 	Inventory Qty. Balance
	 	U/M
	 	Unit Cost
	 	Inventory Value

	20020J	 	Tay 10 Molded ASP	 	A	 	770	 	EA	 	12.7652	 	9,829.20
	21044J	 	Tray 21 ASY F/S ASP	 	A	 	283	 	EA	 	33.2104	 	9,398.54
	21045J	 	Tray 17 ASY F/S ASP	 	B	 	27	 	EA	 	27	 	729.00
	21046J	 	Tray 14 ASY F/S ASP	 	C	 	1	 	EA	 	23.9688	 	23.97
	21047J	 	Tray 10 ASY F/S ASP	 	A	 	242	 	EA	 	25.1962	 	6,097.48
	21052J	 	Tray 17 ASY H/S ASP	 	C	 	1	 	EA	 	52.8532	 	52.85
	21053J	 	Tray 14 ASY H/S ASP	 	C	 	1	 	EA	 	49.8938	 	49.89
	99101A—20A	 	Twist Locks	 	B/C	 	multiple	 	EA	 	multiple	 	20,897.09
	 	 	 	 	 	 	 	 	 	 	AA Subtotal:	 	$47,078.03
	 	 	 	 	 	 	 	 	 	 	 	 	






Inventory: AR (Raw Materials—other)  



	Part Number
 
	 	Description
	 	ABC
	 	Inventory Qty. Balance
	 	U/M
	 	Unit Cost
	 	Inventory Value

	20099J	 	Plastic Org Box	 	C	 	216	 	EA	 	8.83	 	1,907.28
	20131J	 	Noryl-ASP	 	A	 	5248	 	EA	 	3.86	 	20,257.28
	21006J	 	ASP 21 Lid	 	A	 	1	 	EA	 	33.97	 	33.97
	21084J	 	ASP 17 Lid	 	B	 	1	 	EA	 	30.64	 	30.64
	21093J	 	ASP 14 Lid	 	C	 	59	 	EA	 	28.73	 	1,695.07
	40024J	 	Handle Tray 11" ASP	 	B	 	5370	 	EA	 	1.65	 	8,860.50
	40026	 	Rivet—ASP	 	C	 	67305	 	EA	 	0.0295	 	1,985.50
	40027J	 	Tray Handle 12 ASP	 	B	 	1104	 	EA	 	1.65	 	1,821.60
	40038	 	Retainer Ring ASP	 	C	 	130000	 	EA	 	0.0214	 	2,782.00
	40136	 	Latch Bracket 500 (F/H)	 	B	 	6541	 	EA	 	1.25	 	8,176.25
	40137	 	Latch Bracket 600 (H/H)	 	C	 	6616	 	EA	 	1.25	 	8,270.00
	10077—10252	 	Corrugate	 	B/C	 	multiple	 	EA	 	multiple	 	8,912.98
	 	 	 	 	 	 	 	 	 	 	AR Subtotal:	 	$64,733.07





Inventory: MR (Material Review)  



	Part Number
 
	 	Description
	 	ABC
	 	Inventory Qty. Balance
	 	U/M
	 	Unit Cost
	 	Inventory Value

	21006J	 	ASP 21 Lid	 	A	 	156	 	EA	 	33.97	 	5,299.32
	 	 	 	 	 	 	 	 	 	 	MR Subtotal:	 	$5,299.32
	 	 	 	 	 	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 	 	ASP Total Materials:	 	$117,110.42
	 	 	 	 	 	 	 	 	 	 	 	 	









Inventory: AS (Finished Goods on ASP books)  



	Part Number
 
	 	Description
	 	ABC
	 	Inventory Qty. Balance
	 	U/M
	 	Unit Cost
	 	Inventory Value

	13617	 	Unit 10x10 ASP	 	A	 	143	 	EA	 	150.7474	 	21,556.88
	13621	 	Unit 10x10 ASP	 	A	 	120	 	EA	 	168.7388	 	20,248.66
	99100—20	 	Twist Locks	 	B/C	 	multiple	 	 	 	multiple	 	9,611.79
	 	 	 	 	 	 	 	 	 	 	AS Subtotal:	 	$51,417.32
	 	 	 	 	 	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 	 	SP Grand Total:	 	$168,527.74