Aarons Corporation Balance Sheets At Decem ber 31 2015 2014 Cash Accounts receivable $24.640 32,180 73,125 55,900 175,500 $23,040 29,400 Long-term investments Equipment Accumulated depreciation 6.400 145500 Total assets Liabilities Accounts payable Income taxes payable Bonds payable 565 $40,380 10,725 10,200 Total liabilities Equity: 124,475 $116,580 Common stock Paid-in capital in excess of par Retained earnings 96,000 9,000 Total equity Total liabilities and equiry Aarons Corporation Income Statement For Year Ended December 31, 2013 $240,000 Sales Cost of goods sold Depreciation expense Other operating expenses Interest expense Other gains (losses): Loss on sale of equipment ncome before taxes ncome taxes expense et income $80,900 29,400 48,000 (160,300) 71,300 Page 8 of 11