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PURRFECT PETS, INC. Balance Sheet at June 30, Year 1 Liabilities Assets Accounts Payable Cash 733,300 348,500 Accounts 419,900 Notes Payable due June 30, Year

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PURRFECT PETS, INC. Balance Sheet at June 30, Year 1 Liabilities Assets Accounts Payable Cash 733,300 348,500 Accounts 419,900 Notes Payable due June 30, Year 3 268,900 Receivable Supplies Equipment Other Assets 58,470 Total Liabilities 617,400 6-17 119,200 Stockholders' Equity 69,470 Common Stock 661,400 Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 121,540 782,940 $1,400,340 Total Assets $1,400,340 How much financing did the stockholders of Purrfect Pets, Inc, directly contribute to the company

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