The balance sheet and income statement of Cookie & Coffee Creations Inc. for its first year of operations, the year ended October 31, 2013, follows. COOKIE & COFFEE CREATIONS INC. Balance Sheet October 31, 2013 Assets Current assets Cash $32,219 Accounts receivable 3,250 Merchandise Inventory 17,897 Prepaid expenses 6,300 $ 59,666 Property, plant, and equipment Furniture and fixtures $12,500 Accumulated depreciation