TABLE 1 Selected Financial Statements Balance Sheef as of December 31, 1992 Accounts receivable Current assets Net fixed assets Total assets s 2,285.000 Accounts payable Notes payable ACC S Current liabilities Long-term debt Total Capital stexk Retained earnings Total equity Total capital Income Statement for the Year Ended December 31, 1992 Sales Cost Of grxds sold Gross margin General/administrative expenses Lease exlwnse Depreciation EBIT Interest exrxnse Earnings before taxes Taxes Net Income Initial distribution of shares: Rodriguez Fulton parks, Van co. Public stcxkholders Underwriting costs : Other fees Payment to Saunders Net cash to Precision Tcxl S12.850.ooo 2,380.1m TABLE 2 Financing Proposal 180.000 shares at S I.OO shares at SI .00 shares at $8.50 shares at S8.50 380.000 s 1,845.1m S 3.4841m S 1,000,"' s 7.1281m 180.000 180.000 1.275000 420.0M S8,355.cxx)