The comparative balance sheet of Del Ray Enterprises Inc. at December 31, 2016 and 2015, is as follows Dec.31,2016 Dec.31,2015 Assets 3Cash 4Accounts receivable (net) 5 Merchandise inventory 6 Prepaid expenses 7 Equipment 8 Accumulated depreciation-equipment 9 Total assets $180,110.00 241,890.00 299,730.00 10,220.00 537,200.00 (132,040.00) $1,189,430.00 $1,137,110.00 $145,630.00 224,520.00 321,860.00 12,550.00 655,090.00 (170,220.00) 10 Liabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) $250,110.00 $237,190.00 12 Mortgage note payable 0.00 335,380.00