Exhibit $2$

ELEGANCE JEWELLERS INC.

BALANCE SHEETS

as at June $30$

$(000$s$)$

$2022$

ASSETS

Current assets:

Cash

Accounts receivable

Inventory

Prepaid expenses

Total current assets

Loans to employees

Investment in subsidiary

Other investments

Fixed assets:

Land

Buildings

Furniture and fixtures

Fixed assets, cost

Less: accumulated depreciation

Total fixed assets $($net$)$

Total Assets

Liabilities

Current liabilities:

Working capital loan

Accounts payable

Income taxes payable

Long$-$term debt due within one year

Total current liabilities

Bank loan $($due December $31,2023)$

Long$-$term notes payable

Total liabilities

Equity

Common stock

Retained earnings

Total equity

Total liabilities and equity

$$2,289\mathrm{.}7$

LIABILITIES AND EQUITY

$$1,557\mathrm{.}8,$$$99\mathrm{.}2$

$$,2,289\mathrm{.}7$

Exhibit $3$

ELEGANCE JEWELLERS INC. STATEMENT OF CASH FLOWS

for the year ending June $30,2022$

$(000$s$)$

OPERATIONS:

Net Income

Adjustments to Cash Basis ${?}^{2\text{:}}$

Depreciation

Accounts receivable

Inventory

Prepaid expenses

Accounts payable

Income taxes payable

Net cash flow from operations

FINANCING ACTIVITIES:

Working Capital Loan

Long$-$term debt due within $1$ year

Bank Loan

Long term notes payable

Dividends

Net cash flow from financing

INVESTING ACTIVITIES:

Building

Furniture and Fixtures

Loans to employees

Investment in Subsidiary

Other Investment

$2022$

$79\mathrm{.}1$

$$,(186\mathrm{.}4)$

Net cash flow from investing

Net cash flow

Beginning cash

Ending cash

Inusual income loss was not added back to net income because it has occurred over two years suggesting a pattern and

PREPARE A SET OF PROJECTED FINANCIAL STATEMENTS FOR ELEGANCE JEWLLERS FOR THE YEAR ENDED AT JUNE $30,2013$