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 Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity $ 97,900 60,000 67,000 79,800 110, 500 8,600 246,100 140,000 131,000 17,000 $377,700 $360,100 89,000 6,000 272,700 35,000 $ 41,000 54,000 18,200 7,000 79,200 46,000 76,906 155,200 7,600 53,600 99,600 5,000,66 252,000 176,000 28,900 $377,700 $360,100 26,100