Portions of the financial statements for Just In Case Technologies are provided below. JUST IN CASE TECHNOLOGIES Income Statement For the Year Ended December 31, 2024 Net sales $345,000 Expenses: Cost of goods sold $205,000 Operating expenses 64,000 Depreciation expense 16,400 Income tax expense 24,000 Total expenses 309,400 Net income $ 35,600 JUST IN CASE TECHNOLOGIES Selected Balance Sheet Data December 31, 2024, compared to December 31, 2023 Decrease in accounts receivable $ 6,400