ASSETS Cash Accounts Receivable Inventories 2021 (5) 2020 (5) 7,282 57,600 632.160 351,200 1287.360 715.200 Total Current Assets 1,926,802 1,124,000 Gross Fixed Assets 1.202,950 491,000 Less Accumulated Depreciation 263,160 146.200 Net Fixed Assets 939.790 344.800 Total Assets 2.866.592 1.468.800 LIABILITIES & EQUITY Accounts Payable 524,160 145,600 Notes payable 636.808 200,000 Accruals 489.600 Total Current Liabilities 1,650,568 481,600 Long-Term Debt 723,432 323,432 Common Stock (100,000 Shares) 460,000 460,000 Retained earnings 32.592 203.768 Total Equity 492.592 663.768 Total Liabilities & Equity 2.866.592 1468.800 INCOME STATEMENT Sales 6,034,000 3,432,000 Cost of Goods Sold 5,528,000 2,864,000 Other Expenses 519,988 358672 Total Operating Costs (Excl. Dep. & Amort.) 6047.988 3.222.672 EBITDA (13,988) 209,328 Depreciation & Amortization 116,960 18900 EBIT 130,948 190,49 Interest Expense 136.012 41.828 EBT (266,960) 146,600 Taxes (40%) 106,784) 58,640 Net Income (160.176) 57.900 Eamings share (EPS) ($1.602) 50.0 Dividend Share $0.110 50.220 Book Value Share $4.926 $6.638 Stock Price $2.25 58.50 Shares Outstanding 100,000 100,000