Dec. 31, 20Y6 Dec. 31, 2015 Assets Cash $643,460.00 $679,530.00 Accounts receivable (net) Inventories 6 Investments Land 8 Equipment 9 Accumulated depreciation-equipment 566,490.00 548,320.00 1,010,720.00 982,600.00 0.00 240,910.00 519,510.00 0.00 879,710.00 680,990.00 (243,750.00) (200,970.00) 10 Total assets $3,376,140.00 $2,931,380.00 11 11 Liabilities and Stockholders' Equity 12 Accounts payable $772,290.00 $748,770.00 15 Accrued expenses payable 63,970.00 69,800.00 14 Dividends payable 8,000.00 7,040.00 15 Common stock, $2 par 56,000.00 32,000.00 16 Excess of paid-in capital over par 408,000.00 192,000.00 17 Retained earnings 2,067,880.00 1,881,770.00 18 Total liabilities and stockholders' equity $3,376,140.00 $2,931,380.00