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Selected income statement date for current year. Net Sales (all on credit) Cast of Goods sold Income from Operations Interest expense Net Income Reitzel Klassen

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Selected income statement date for current year. Net Sales (all on credit) Cast of Goods sold Income from Operations Interest expense Net Income Reitzel Klassen 388,000 502,000 215,000 265,000 82,000 145,000 19,000 54,000 78,000 Selected balance sheet data at the beginning of the current year. Reitizel Klassen Current Receivables, net 44,000 56,000 Inventories 97,000 96,000 Total assets 259,000 270,000 Preferred shares, $10.00 (2000 shares) 20,000 Common Shares (10,000 shares) 10,000 (6000 shares) 12,500 Total Shareholder's Equity 126,000 133,000 Selected balance sheet data at the end of the current year: Reitizel Klassen Current Assets: Cash 25,000 21,000 Temporary Investments 22,000 16,000 Current receivables, net 42,000 46,000 Inventories 34,000 97,000 Prepaid Expenses 2,000 3,000 Total Current Assets 175,000 183,000 Total Assets 273,000 326 000 Total Current abilities 102 000 94,000 Total Liabilitle: 107 000 144000 Preferred shares, 510.00 12000 shares) 20.000 Common Shares 10,000 shares 10 000 (6000 shares) 12 500 Total Shareholder's Equity 188 090152 000 Maket price per share of common stock 10

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