The folowing is the ending balances of accounts at Decentiber 31, 2018 for the Vosburgh Electronics Corporation Additional information: 1. The common stock represents 1.3 million shares of no par stock authorized, 590,000 shares issued and outstanding 2. The loans to employees are due on June 30,2019. 3. The note recelvable is due in instaliments of $59,000, payable on each September 30 . Interest is payable annually. 4. Short-term investments consist of marketable equity securitles that the company plans to seil in 2019 and $59,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2019. Long-term investments consist of marketable equily securities that the company does not plan to sell in the next year. 5. Deferred revenue represents customer payments for extended service contracts. Seventy five percent of these contracts expire in 2019 , the remalnder in 2020 6. Notes payable consists of two notes, one for $109,000 due on January 15, 2020, and another for $209,000 due on June 30, 2021