BlackLabsRule, Inc Balance Sheet December 31, 2018 and December 31, 2017 ASSETS 2018 2017 Cash and Cash Equivalents Restricted Cash and Other Investments Investments (Available for Resale Accounts Receivable (Net of Allowance for Doubtful Accounts) Notes Receivable Inventories-At Average Cost Prepaid Expenses 900,000 $400,000 200,000 $200,000 35,000 100,000 400,000 $300,000 500,000 $600,000 $50,000 $50,000 25,000 2,140,000 1,675,000 $55,000 Total Current Assets Equity Investments $100,000 S0 1,200,000 $1,000,000 Goodwill Trademark Total Intangible Assets $5,000 5,000 10,000 $5,000 $5,000 10,000 Total Assets $3,450,000 $2,685,000 Liabilities and Stockholder's Equity abili Credit Line To Banks Note Payable to Bank Current Portion Accounts Payable Accrued Interest Payable on Notes Payable and Credit Line Income Taxes Payable Accrued Salaries, Wages, and Benefits Payable $100,000 S0 S0 $100,000 $5,000 $20,000 $20,000 35,000 $10,000 $20,000 $30,000 Total Current Liabilities 200,000 180,000 Long-Term Debt Note Payable To Bank, Due January 1, 20235% 400,000 500,000 Total Liabilities Common Stock $1 par value, 100,000 shares authorized, 50,000 shares outsanding Capital In Excess of Par Value Retained Earnings $50,000 $25,000 2,500,000 $1,250,000 $730,000 $2,750,000 $2,005,000 200,000 Total Stockholder's Eqity Total Liabilities and Stockholder's Equity 3,350,000 $2,685,000