Assets Current Assets Cash Accounts Receivable Allowance for Doubtful Accounts Net Receivable Prepaid Rent Office Supplies Total Current Assets Long-Term Assets Office Equipment Accum. Depr.-Office Equipment Net Office Equipment Computer Equipment Accum. Depr.-Computer Equipment Net Computer Equipment Total Long Term Assets Total Assets $ 66,100.00 6,300.00 $ 23,000.00 4,600.00 $ 30,000.00 600.00 $ 59,800.00 18,400.00 $ 108,250.00 29,400.00 2,300.00 900.00 $ 140,850.00 78,200.00 $ 219,050.00 Liabilities Current Liabilities Accounts Payable Salaries Payable Income Taxes Payable Total Liabilities $ 47,330.00 920.00 6,000.00 Stockholder's Equity Capital Stock, $0.01 Par Value $ Paid in Capital in Excess of Par Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity 22.00 140,778.00 24,000.00 $ 54,250.00 164,800.00 $ 219,050.00