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Onn-third of the opetating leae rntal charge was S100,00 m a012 and S0.000 in 2011. Capitaed ntorest totaled 30.000 in 2012 and s2000 2011

   

Onn-third of the opetating leae rntal charge was S100,00 m a012 and S0.000 in 2011. Capitaed ntorest totaled 30.000 in 2012 and s2000 2011 lased on the atiove data for both years The debt ratin for A1 and 2012 are 20.10 and 27.1N 151% and 2ON 20 and 23N 40 and 1.7 2012 2011 $2,731, 020 $ 2,364, 916 Current assets Property and equipment, net 10, 960, 286 8, S16, 033 Intangible assets. at cost less applicable amortization 294.775 255,919 $13, 906.001 $11.137.66n Current liabitities $ 3,168, 123 $ 2,210, 735 Deferred federal income taxes 160, 000 6,000 Mortgage note payable 456, 000 Stockholders' equity 10, 201,958 9,900.933 $13, 906, 01 $11.137,668 Net sales $33, 410, 599 $25, 804, 285 Cost of goods sold (30,168,715) (23,159, 745) Selling and administrative expense (2,000, 000) (1,500, 000) Interest expense (216, 936) (39, 456) Incorne tax expense 1100,000) (300,000) Net income 624,948 B05, 084

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