Balance Sheet 2004 2005 2006 2007 Cash 45 53 23 33 Accounts receivable Inventory 187 231 264 290 243 278 379 432 Total current assets 475 562 666 755 Property & equipment 187 202 252 252 Accumulated depreciation (74) (99) (134) (142) Total PP&E, net 113 103 118 110 Total assets 588 665 784 865 Accounts payable 36 42 120 203 Line of credit payable 149 214 249 250 Accrued expenses 13 14 14 12 Long-term debt, current portion 24 ### 24 24 Current liabilities 222 294 407 489 Long-term debt 182 158 134 128 Total liabilities 404 452 541 617 Net worth 184 213 243 248 Total liabilities & net worth 588 665 784 865