1 BALANCE SHEET 2016 E 2015 2014 3 ASSETS 4 Cash 5 Accounts Receivable 6 Inventories 7 Total Current Assets 8 Gross Fixed Assets 9 Less: Accumulated Depreciation 10 Net Fixed Assets 11 Total Assets 12 13 LIABILITIES AND EQUITIES 14 Accounts Payable 15 Accrual 16 Notes Payable 17 Total Current Liabilities 18 Long Term Debt 19 Common Stock 20 Retained Earnings 21 Total Equity 22 Total Liability and equity 23 85,632 878,000 1,716,480 2,680,112 1,197,160 380,120 817,040 3,497,152 7,282 632,160 1,287,360 1,926,802 1,202,950 263,160 939,790 2,866,592 57,600 351,200 715,200 1,124,000 491,000 146,200 344,800 1,468,800 436,800 408,000 300,000 1,144,800 400,000 1,721,176 231,176 1,952,352 3,497,152 524,160 489,600 636,808 1,650,568 723,432 460,000 32,592 492,592 2,866,592 145,600 136,000 200,000 481,600 323,432 460,000 203,768 663,768 1,468,800