Mashayekhi and Meckstroth Manufacturing, Inc. Consolidated Balance Sheets as of September 30 (in thousands) ASSETS Current assets: 2017 2016 Cash and equivalents Short-term investments Accounts receivable Inventories Prepaid insurance $ 2,140 $ 4,000 980 7,278 4,195 1,485 680 90 11,667 10,085 22,330 22,330 84 Total current assets Property, plant and equipment Accumulated depreciation - PP&E 990 Net PP&E 21,340 21,450 TOTAL ASSETS $33,007 $31,535 LIABILITIES AND OWNERS' EQUITY Current liabilities: S 1,325 $ 970 Accounts payable Notes payable Wages payable Income tax payable 550 17 17 Total current liabilities Long-term debt Other liabilities TOTAL LIABILITIES 1,9001,455 9,860 13,460 6,800 $20,360 $21,715 8,600 Owners' equity: Common stock - 200 shares outstanding Capital in excess of par value Retained earnings 2 2 12,637 9,810 $12,647 $ 9,820 $33,007 $31,535 TOTAL OWNERS' EQUITY TOTAL LIABILITIES AND OWNERS' EQUITY