ABC Corporation - Balance Sheet
				Common Size			Common Size				Common Size
ASSETS	2020		2021		2022				2023E
Cash	$ 2,500,000	9.8%	$ 3,500,000	13.3%	$ 2,496,145			1	$ 5,051,828			1
A/R, net	1,400,000	5.5%	1,550,000	5.9%	2,197,000			1	2,746,250			1
Inventory	1,400,000	5.5%	1,625,000	6.2%	2,112,500			1	2,448,185			1
Pre-paid expenses	700,000	2.7%	700,000	2.7%	500,000			1	500,000			1
Total Current Assets	6,000,000	23.5%	7,375,000	28.0%	7,305,645			1	10,746,262			1
Building and Improvements	15,000,000	58.8%	15,000,000	56.9%	17,500,000			1	17,500,000			1
Equipment	5,000,000	19.6%	5,000,000	19.0%	5,000,000			1	5,000,000			1
Property Plant & Equimpent	20,000,000	78.4%	20,000,000	75.8%	22,500,000			1	22,500,000			1
Depreciation (accumulated)	500,000	2.0%	1,000,000	3.8%	1,750,000			1	2,500,000			1
Net PP&E	19,500,000	76.5%	19,000,000	72.0%	20,750,000			1	20,000,000			1
Total Assets	25,500,000	100.0%	26,375,000	100.0%	28,055,645			1	30,746,262			1
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LIABILITIES
Accounts Payable	600,000	2.4%	775,000	2.9%	1,053,786			1	1,263,465			1
Notes Payable	900,000	3.5%	1,100,000	4.2%	1,500,000			1	1,500,000			1
Current portion of LTD	1,000,000	3.9%	1,000,000	3.8%	1,000,000			1	1,000,000			1
Accrued Liabilities	500,000	2.0%	500,000	1.9%	500,000			1	500,000			1
Total Current Liabilities	3,000,000	11.8%	3,375,000	12.8%	4,053,786			1	4,263,465			1
Long-Term Debt	10,000,000	39.2%	10,000,000	37.9%	9,000,000			1	8,000,000			1
Stockholder's Equity
Common Stock at Par	100,000	0.4%	100,000	0.4%	100,000			1	100,000			1
Paid in Capital	10,900,000	42.7%	10,900,000	41.3%	10,900,000			1	10,900,000			1
Retained Earnings	1,500,000	5.9%	2,000,000	7.6%	4,001,860			1	7,482,798			1
Total Stockholder's Equity	12,500,000	49.0%	13,000,000	49.3%	15,001,860			1	18,482,798			1
Total Liabilities + Equity	25,500,000	100.0%	26,375,000	100.0%	28,055,646			1	30,746,262			1
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