Defendant appeals his conviction of assault in the nurth degree, assigning as error the trial court’s revisal to appoint counsel for him on the ground that he was not indigent.

Defendant was arraigned on January 4, 1979, at hich time he indicated that he wished to have coun-d appointed for him. He was referred to the case )ordinator and filled out a financial statement. This ;atement disclosed that defendant, age 19, was un-Larried with no dependents, had less than a high :hool education and had quit his last job a month and half earlier with the intention of joining the Navy, e listed no liabilities other than monthly rent and iod expenses of $180—$190 per month. His assets insisted solely of a shotgun and a stereo which he ated could be sold for $750. On the basis of this atement, the court declined to appoint counsel.

When the case came up for docket call oh April 23, ifendant appeared in person. After stating he guessed” he was ready for trial, defendant attempted ask a question, but was cut off by the presiding dge with a promise to recall the case at the end if iendant wished clarification on any point. It does it appear that the case was recalled.

At the trial on May 8, defendant represented him-lf. So far as the record shows, no questions with ispect to the reason for defendant’s self-Bpresentation were raised at this time.

ORS 135.050(1) sets forth the criteria for a defend-lit to qualify for a court-appointed attorney 1 and *514 requires appointment if it "appears to the court that the defendant is without means and is unable to obtain counsel.” ORS 135.050(1)(d). To qualify as an indigent, it is not necessary that a defendant be penniless; it is sufficient that the cost of obtaining an attorney would work a substantial hardship on a defendant or his family. ORS 135.050(2).

The statute requires the trial court to make a determination as to the indigency of the accused (ORS 135.050(1)(d)) based on the verified financial statement a defendant seeking appointed counsel is required to submit and any other information the court may request. ORS 135.050(1)(b). The determination is one of fact for the trial court and we review only to ascertain whether discretion was properly exercised. State v. Hari, 16 Or App 357, 359, 518 P2d 1054 (1974).

Here, the financial statement was the only evidence before the court. It revealed that defendant had $750 in saleable assets, no outstanding debts and no disabilities which would prevent him from obtaining work. From these facts the court could have concluded that the defendant had sufficient means to obtain counsel without undue hardship.

Affirmed.