BETHESDA MINING COMPANY

Balance Sheets as of December $31,2021$ and $2022$

$2021\%2022\%$

Assets

Current assets

Cash $$42,646\%$ $$54,402\%$

Accounts receivable $60,781\%81,139\%$

Inventory $127,265\%193,375\%$

Total $$230,692\%$ $$328,916\%$

Fixed assets

Net plant and equipment $$657,847\%$ $$589,528\%$

Total assets $$888,539\%$ $$918,444\%$

Liabilities and Owners$$ Equity

Current liabilities

Accounts payable $$191,422\%$ $$199,111\%$

Notes payable $86,520\%138,088\%$

Total $$277,942\%$ $$337,199\%$

Long$-$term debt $$240,000\%$ $$176,750\%$

Owners' equity

Common stock and paid$-$in surplus $$215,000\%$ $$215,000\%$

Accumulated retained earnings $155,597\%189,495\%$

Total $$370,597\%$ $$404,495\%$

Total liabilities and owners' equity $$888,539\%$ $$918,444\%$