AutoSave " HE ? C ... Is Exhibits - Enigma Escape Home Insert Draw Page Layout Formulas Data Review View Automate Acrobat ? Tell me Comments Share Calibri (Body) 12 A A ab General Insert v X Delete v Paste BIUV A SEE ~ % 9 Conditional Format Cell Sort & Find & Analyze Create PDF Formatting as Table Styles Format Filter select Data and share link Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left off? Yes No F16 fx Accumulated depreciation, jungle A B C D E G H M N Case: Enigma Escape EXHIBIT 1: INCOME STATEMENT EXHIBIT 2: STATEMENT OF FINANCIAL POSITION For fiscal year ended May 31, 2016 As at May 31, 2016 Revenue Assets Sales 104,419 Current assets: Cash 20,991 9 Expenses Supplies 864 10 Wages expense 24,049 Prepaid rent 1,017 22,872 11 Rent expense 12,675 12 Utilities expense 2,560 Long-lived assets: 13 Banking & credit card fees 1,749 Professor's office: furniture and decor 2,322 14 Cleaning and maintenance expense 1,425 Accumulated depreciation, professor's office (871) 1,451 15 Office supplies expense 1,145 Jungle: furniture and decor 11,426 16 Insurance expense 1,195 Accumulated depreciation, jungle (2,380 9,04 17 Gas expense 1,869 Pharaoh's room: furniture and decor 3,537 18 Web expense 716 Accumulated depreciation, pharaoh's room (712) 7,825 19 Incorporation expense 57 Science lab: furniture and decor 8,002 20 Miscellaneous 1,164 Accumulated depreciation, science lab 0 8,002 21 Photo expense 102 Technology equipment 5,442 22 Marketing and promo expense 1,491 Accumulated depreciation, technology equipment (2,041 3,401 29,725 Depreciation expense 6,003 Total assets 52,597 24 Total expenses 56,200 Liabilities and shareholders' equity 26 Profit before tax 48,219 Liabilities: 27 Tax 5,114 Accounts payable* 35 28 Profit after tax 43,105 Wage-related expenses payable 1,47 29 Taxes payable 5,114 30 Source: Company files. Net HST remittable 7,552 14,492 31 Shareholders' equity: 32 Common stock 5,00 33 Retained earnings 33,105 38,105 34 Total liabilities and shareholders' equity 52,597 35 36 Note: * Accounts payable related solely to utilities and insurance, both of which were always purchased on credit. Source: Company files 38 39 Enigma Escape - Exhibit 1 + 2 + Ready Ex Accessibility: Investigate 100%