1Data Table Shine's Companies Balance Sheet May 31, 2016 and 2015 Assets Liabilities 2016 2015 2016 2015 Cash Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets Total Assets $ 2,200,000 $ 1,800,000 Total Current Liabilities 24,000,000 $12,900,000 10,800,000 23,700,000 13,400,000 10,000,000 Long-term Liabilities 26,000,000 7,200,000 7,100,000 9,000,000 51,500,000 32,000,000 5,400,000 Total Liabilities 8,200,000 1,800,000 Common Stock 37,400,000 Stockholders' Equity 13,000,000 18,500,000 31,500,000 $ 83,500,000 $ 55,200,000 13,000,000 33,100,000 46,100,000 27,200,000 Retained Earnings 28,000,000 Total Equity 83,500,000 $ 55,200,000 Total Liabilities and Equity Print Done