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oparative tinancial statement data of Danfield, Inc. follow: DANFIELD, INC Comparative Income Statement Years Ended December 31, 2015 and 2014 2015 2014 Net Sales Cost
oparative tinancial statement data of Danfield, Inc. follow: DANFIELD, INC Comparative Income Statement Years Ended December 31, 2015 and 2014 2015 2014 Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Interest Expense Income Before Income Tax income Tax Expense Net Income S 467,000 428 000 37000 218,000 30,000 210,000 134.000 76,000 10,000 66,000 27,000 S 61,000 39,000 136,000 9.000 24,000 DANFIELD, INC Comparative Balance Sheet December 31, 2015 and 2014 2015 2014 2013 Assets Current Assets 97,000 95,000 112.000 Cash Accounts Receivables, Net Merchandise Inventory Prepaid Expenses Total Current Assets 118,000 102.000 63,000 203,000 12.000 366.000 211,000 577,000 5,000 381.000 179.000 $ 560,000 Property, Plant, and Equipment, Net Total Assets 598.000 225.000 246.000 97,000 43,000 Total Current Liabilities Long-term Liabilties Total Liabilities 114.000 339.000 Stockholders' Equity Preferred Stock, 3% Common Stockholders Equity, no par Total Liabilties and Stockholders Equity 108.000 130,000 S577.000 108.000 109.000 S 560,000 85.000
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