IKIBAN INC Comparative Balance Sheets June 30, 2017 and 2016 2017 2016 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Equipment Accum. depreciation-Equipment Total assets $ 93,700 67,000 74,000 121,000 10,000 272,000 138,000 (38,500 (20,5ee $395,200 $389,500 99,500 86,800 6,700 286,700 147,000 Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total 1iabilities Equity Common stock, $5 par value Retained earnings $ 48,000 8,300 5,700 62,000 53,000 115,000 64,500 19,600 8,400 92,500 83,900 175,500 183,000 31,000 $395,200 389,500 266,000 4, 200 Total liabilities and equity