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The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below. ELLIOTT COMPANY Balance Sheets December 31 (in thousands) 2014

The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below.

ELLIOTT COMPANY

Balance Sheets

December 31 (in thousands)

2014

2013

Current assets

Cash and cash equivalents

$ 330

$ 360

Accounts receivable (net)

470

400

Inventory

460

390

Prepaid expenses

130

160

Total current assets

1,390

1,310

Property, plant, and equipment (net)

410

380

Investments

10

10

Intangibles and other assets

530

510

Total assets

$2,340

$2,210

Current liabilities

$ 820

$ 790

Long-term liabilities

480

380

Stockholders

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