hum cash balance of

$479,000

is desired.\ machine costing

$650,000

will be acquired in 2016 , and equipment costing

$855,000

will be purchas on will be taken.\ Is are expected to rise to

$505,000

by the end of 2017 .\ or retirement of long-term debt is expected.\ or repurchase of common stock is expected.\ vidend payout of

50%

of net profits is expected to continue.\ are expected to be

$11.5

million in 2016 and

$11.5

million in 2017.\ December 31,2015 , balance sheet is here\ e a pro forma balance sheet dated December 31, 2017.\ the assets part of the pro forma balance sheet for Peabody & Peabody for December 31, 2017 below:

um cash balance of $479,000 is desired. nachine costing $650,000 will be acquired in 2016 , and equipment costing $855,000 will be purchas n will be taken. s are expected to rise to $505,000 by the end of 2017 . or retirement of long-term debt is expected. or repurchase of common stock is expected. idend payout of 50% of net profits is expected to continue. are expected to be $11.5 million in 2016 and $11.5 million in 2017. ecember 31,2015 , balance sheet is here e pro forma balance sheet dated December 31, 2017. the assets part of the pro forma balance sheet for Peabody \& Peabody for December 31, 2017 below: um cash balance of $479,000 is desired. nachine costing $650,000 will be acquired in 2016 , and equipment costing $855,000 will be purchas n will be taken. s are expected to rise to $505,000 by the end of 2017 . or retirement of long-term debt is expected. or repurchase of common stock is expected. idend payout of 50% of net profits is expected to continue. are expected to be $11.5 million in 2016 and $11.5 million in 2017. ecember 31,2015 , balance sheet is here e pro forma balance sheet dated December 31, 2017. the assets part of the pro forma balance sheet for Peabody \& Peabody for December 31, 2017 below