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Condensed balance sheet and income statement data for Jernigan Corporation are presented here. JERNIGAN CORPORATION Balance Sheets December 31 2014 2013 2012 Cash $ 31,521

Condensed balance sheet and income statement data for Jernigan Corporation are presented here.

JERNIGAN CORPORATION Balance Sheets December 31

2014

2013

2012

Cash

$ 31,521

$ 21,521

$ 19,521

Accounts receivable (net)

51,521

46,521

49,521

Other current assets

95,804

100,804

69,804

Investments

60,804

75,804

50,804

Plant and equipment (net)

500,000

370,000

358,000

$739,650

$614,650

$547,650

Current liabilities

$ 86,521

$ 81,521

$ 71,521

Long-term debt

150,804

90,804

55,804

Common stock, $10 par

325,804

315,804

305,804

Retained earnings

176,521

126,521

114,521

$739,650

$614,650

$547,650

JERNIGAN CORPORATION Income Statements For the Years Ended December 31

2014

2013

Sales revenue

$745,804

$605,804

Less: Sales returns and allowances

41,521

31,521

Net sales

704,283

574,283

Cost of goods sold

430,804

355,804

Gross profit

273,479

218,479

Operating expenses (including income taxes)

181,521

151,521

Net income

$ 91,958

$ 66,958

Additional information:

1. The market price of Jernigan

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