$ 2016 185,000 $ 80,000 104,000 11,900 380,900 514,500 895,400 $ 2015 143,000 59,000 134,000 5,880 341,880 407,000 748,880 $ $ 1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net Inventory 7 Prepaid Insurance 3 Total Current Assets Property and Equipment, Net 0 Total Assets 1 2 Current Liabilities 3 Long-term Liabilities 4 Total Liabilities 5 Common Stock 6 Retained Earnings 7 Total Stockholders' Equity 8 Total Liabilities and Stockholders' Equity 9 0 Income Statement -1 Net Sales (all on account) 2 Cost of Goods Sold -3 Gross Profit -4 Operating Expenses 85,300 $ 284,000 369,300 299,000 227,100 526,100 895,400 $ 96,800 224,000 320,800 299,000 129,080 428,080 748,880 $ $ 3,031,000 1,949,000 1,082,000 891.400 Shoot $ 2016 185,000 $ 80,000 104,000 11,900 380,900 514,500 895,400 $ 2015 143,000 59,000 134,000 5,880 341,880 407,000 748,880 $ $ 1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net Inventory 7 Prepaid Insurance 3 Total Current Assets Property and Equipment, Net 0 Total Assets 1 2 Current Liabilities 3 Long-term Liabilities 4 Total Liabilities 5 Common Stock 6 Retained Earnings 7 Total Stockholders' Equity 8 Total Liabilities and Stockholders' Equity 9 0 Income Statement -1 Net Sales (all on account) 2 Cost of Goods Sold -3 Gross Profit -4 Operating Expenses 85,300 $ 284,000 369,300 299,000 227,100 526,100 895,400 $ 96,800 224,000 320,800 299,000 129,080 428,080 748,880 $ $ 3,031,000 1,949,000 1,082,000 891.400 Shoot