Balance Sheets, December 31, 2026 and 2025

	12/31/2026 Amounts in Millions	12/31/2025 Amounts in Millions
ASSETS
Current Assets
Cash & Cash Equivalents	102,000	23,000
Accounts Receivable	81,000	78,000
Inventory	107,000	99,000
Total Current Assets	290,000	200,000
Non-Current Assets
Equipment	289,000	22,000
Accumulated Depreciation - Equipment	(17,000)	(11,000)
Total Non-Current Assets	272,000	11,000
TOTAL ASSETS	562,000	211,000
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities
Accounts Payable	93,000	72,000
Accrued Liabilities	41,000	27,000
Total Current Liabilities	134,000	99,000
Long-Term Liabilities
Long-Term Notes Payable	250,000	0
Stockholders' Equity
Common Stock	150,000	90,000
Retained Earnings	28,000	22,000
Total Stockholders' Equity	178,000	112,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	562,000	211,000

Additional Information for Hen-Drew Corporation (amounts in Millions) in 2026:

(A) $250,000 of equipment was acquired by the issuance of Long-Term Notes Payable.

(B) Net Income was $85,000.

USE THE INFORMATION BELOW TO PREPARE, IN GOOD FORM, HEN-DREW CORPORATIONS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2026

HEN-DREW Corporation

Balance Sheets, December 31, 2026 and 2025

	12/31/2026 Amounts in Millions	12/31/2025 Amounts in Millions
ASSETS
Current Assets
Cash & Cash Equivalents	102,000	23,000
Accounts Receivable	81,000	78,000
Inventory	107,000	99,000
Total Current Assets	290,000	200,000
Non-Current Assets
Equipment	289,000	22,000
Accumulated Depreciation - Equipment	(17,000)	(11,000)
Total Non-Current Assets	272,000	11,000
TOTAL ASSETS	562,000	211,000
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities
Accounts Payable	93,000	72,000
Accrued Liabilities	41,000	27,000
Total Current Liabilities	134,000	99,000
Long-Term Liabilities
Long-Term Notes Payable	250,000	0
Stockholders' Equity
Common Stock	150,000	90,000
Retained Earnings	28,000	22,000
Total Stockholders' Equity	178,000	112,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	562,000	211,000

Additional Information for Hen-Drew Corporation (amounts in Millions) in 2026:

(A) No equipment was sold during the year.

(B) $250,000 of equipment was acquired by the issuance of Long-Term Notes Payable.

(C) Net Income was $85,000.

(D) - Cash Dividends of $79,000 were declared and paid.

(E) Common Stock was sold for cash.