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The current sections of Sarasota Inc's balance sheets at December 31, 2024 and 2025, are presented here. Sarasota's net incore for 2025 was $214,200. Depreciation
The current sections of Sarasota Inc's balance sheets at December 31, 2024 and 2025, are presented here. Sarasota's net incore for 2025 was $214,200. Depreciation expense was $37,800.
| 2025 | 2024 |
Current assets | ||
Cash | $147,000 | $ 138,600 |
Accounts receivable | 112,000 | 124,600 |
Inventory | 235,200 | 240,800 |
Prepaid expenses | 37,800 | 30,800 |
Total current assets | $532,000 | $534,800 |
Current liabilities | ||
Accrued expenses payable | $ 21,000 | $ 7,000 |
Accounts payable | 119,000 | 128,800 |
Total current liabilities | $140,000 | $ 135,800 |
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