From the following balance sheet, how would you describe the financial position for 2016 in a brief overview? , What do you think of El Cap Climbing Co. plans to expand?

References Mailings Review View Help Tell me what you want to do El Cap Climbing Co. 2015 and 2016 Balance Sheets Assets 2015 2016 Current Asset Cash $36,542 $ 51,940 Accounts Receival 24,120 24,089 Inventory 32,766 58,798 Total Current $ 93,428 $ 134,827 Asset Net Fixed Asset 269,369 328,185 Total Asset $362,797 $ 463,012 Liabilities and Stockholder's Equity Current Liabilities Accounts Payable 32,194 33,999 Note Payable 24,866 26,972 Long Term Debt 142,148 161,000 Total Liabilities 199,208 221,971 Total Equity 163,589 241,041 Total Liabilities ar $362,797 $ 463,012 Equity