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2015 2014 INCOME STATEMENT Revenue Expenses 16 13 13 11 Net Income STATEMENT OF OWNERS' EQUITY Beginning Balance 46 Net Income Drawings 2 2 Ending Balance BALANCE SHEET Assets: Current Assets 30 40 Land Equipment 25 28 Total Assets 85 Liabilities: Current Liabilities 22 Notes Payable 21 20 Total Liabilities 38 Stockholders' Equity: Capital Total Liabilities and Stockholders' Equity