TABLE 3.1 Financial Statements for R&F Supplies, Inc, Deember 31, 2014-2017 (S thousands) Incorne Statements 2016 2017 2014 2015 Net sales Cost of goods sold Gross profit Expenses: $11,190 $13,764 $16,104 $20,613 9,400 1,790 11,699 2,065 13,688 2,416 17,727 2,886 2,267 90 529 238 291 1,610 1,239 103 723 325 General, selling, and administrative expenses 110 696 313 $ 369 $ 398 $ 383 1,019 100 671 302 Net interest expense Earnings before tax Tax Earnings after tax Balance Sheets Assets Current assets: Cash and securities Accounts receivable Inventories Prepaid expenses $ 671 1,343 1,119 551 $ 644s 412 2,886 1.932 2.267 1,789 2.094 1,376 Total current assets 3,147 4,685 295 $3,852 $ 4,980 3,728 124 5,583 287 5,870 Net fixed assets $ 3.275 $ 3,852 $ 4,980 $5870 Total assets Liabilities and Owners' Equity Current liabilities Bank loan Accounts payable Current portion long-term debt Accrued wages s 50 $50 50 $50 3,212 100 1,007 60 1,443 50 50 Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and owners' equity 2,536 860 150 1.434 $ 3,275 3,852 4.980 1,122 960 150 3,380 760 150 1,580 3,852 $ 4,980 $ 5.870 1,550 910 150 1.242 3.275 5,87o