I need help with the last picture which is the post season balance sheet.

The Background: In the upcoming summer, thirteen-year-old Juliette wanted to make some cash the old-fashioned way: by getting someone else to earn it for her. Who better than her two younger brothers Victor and Sam? After all, they were eager and would work for chocolate. Who knows, maybe her parents would even pay to get rid of the engage the boys in some intellectual activity... Planning for Lemonade Season: Juliette decided to withdraw $300 from her savings account to start two lemonade stands, one each for Victor and Sam. She spent $60 each on two used tables, which had about six seasons remaining. She bought packages of cups and lemonade mix. Juliette also spared no expense to secure two high-quality glass pitchers at a cost of $42 total. The pitchers should last three seasons, or at least that's what the ad said. She skipped buying chairs figuring the boys could stand for a good two hours without complaint or permanent back problems. She also figured she would have to pay them $2 each day they decided to work (yes, violating every child labor law in existence, but she was only 13 and unlikely to see hard jail time). Since each stand would be within walking distance of their home, they could get ice from the freezer as needed, and retrieve water from the garden hose out front. Victor's Set-Up: She set Victor's lemonade stand up first and provided him with 100 plastic cups (cost of $5 total) and four pounds of lemonade mix (cost of $20 total), and she gave him a table and a pitcher. He also got $10 in cash to use for change. Walking away, she was confident that her $116 investment would pay off. As soon as Juliette rounded the corner, Victor called for their mommy and asked to borrow $7 to buy a big umbrella to shelter his delicate skin from the harmful UV rays. Vietor is now officially ready for Lemonade Season Victor's Season: Victor worked a total of 25 days but hadn't been paid yet as he didn't want to take the money until Juliette gave him the ok. He sold 90 cups of lemonade at a price of $2 each and provided her with detailed charts and graphs showing daily and hourly sales. He received cash from 80 customers, and another ten customers said they would pay by the end of the following week. He had a list of everyone who owed money and how much they owed, where they lived, and a signed TOU from each person. He used up three of the four pounds of the lemonade mix, Victor paid mommy back $4 out of what was owed to her for the umbrella Juliette took a total of s6 from Victor's cash on hand to buy some sunscreen for herself during the summer. The umbrella appeared to be in great shape; it seemed like it could be used for many more years. She gave Victor a pat on the back and told him he may be up for a raise for next year - something like a cost of living adjustment plus 1% Juliette's Lemonade Stand - Victor Balance Sheet Pre-Season ($ USD) Assets $ Current Assets: Cash Inventory Total Current Assets: 10 25 $ $ 35 Fixed Assets: Table Pitcher Umbrella Total Fixed Assets: $ $ $ 60 21 7 (6 years) (3 years) $ 88 3 Total Assets: $ 123 Liabilities and Shareholder's Equity Current Liabilities: Loan to mom $ 7 Total Current Liabilities: $ $ 7 5 Fixed Liabilities Common stock & paid in capital $ Total Fixed Liabilities 116 $ 116 B Total Liability & Equity: $ 123 2 3 Juliette's Lemonade Stand - Victor Income Statement 25 day period ended XXXX ($ USD) Revenues Gross Sales $ 180.00 Net Sales $ 180.00 Cost of Goods Sold Beginning inventory Add: Net Purchases Cost of Goods Available for Sale $ 25.00 $ $ 25.00 $ 5.50 Less: Ending Inventory Total Cost of Goods Sold $ 19.50 Gross Profit $ 160.50 Operating Expenses Salaries Expense Depreciation Expense - pitcher Depreciation Expenses - table Total Operating Expense $ 50.00 $ 7.00 $ 10.00 $ 67.00 5 Net Operating Profit Before Taxes $ 93.50 Juliette's Lemonade Stand - Victor Balance Sheet Pre Season ($ USD) Assets Current Assets: Cash Less: Withdrawl from Juliette Less: Payment to mom Inventory Accounts receivable Total Current Assets: $ 160.00 $ (6.00) $ (4.00) $ 5.50 $ 20.00 $ 175.50 Fixed Assets: Table Pitcher Umbrella Total Fixed Assets: $ 50.00 $ 14.00 $ 7.00 ($10 depreciation) ($7 depreciation) $ 71.00 Total Assets: $ 247.00 Liabilities and Shareholder's Equity Current Liabilities: Wages payable $ 50.00 Loan to mom $ 3.00 Total Current Liabilities: $ 53.00 B m Fixed Liabilities Common stock & paid in capital Total Fixed Liabilities $ 116.00 1 2 Total Liability & Equity: 4 5 6