TUIT INC Comparative Statement of Financial Position December 31 2017 Cash $ 53,625 Accounts receivable 58.000 Inventory 40.000 Prepaid rent 5,000 Equipment 154.000 Accumulated depreciation equipment (35,000 Goodwill 20.000 Total assets $295.625 Accounts payable $ 46,000 Income tax payable 4,000 Salaries and wages payable 8.000 Short-term loans payable 8.000 Long term loans payable 60,000 Common shares 130.000 Retained earning 39,625 Total liabilities and shareholders' equity $295/625 2016 $ 25,000 51,000 60,000 4,000 130,000 125.000) 50.000 $295.000 $ 40,000 6,000 4,000 10,000 69,000 130.000 36.000 $295.000 TUIT INC Income Statement Year Ending December 31, 2017 Sales revenue Cost of goods sold Grow margin Operating expenses Operating income Interest sense 511,400 Impairment loss Roodwill 30.000 non sale of equiment 3.000 to come before not Incontre income 5338, 150 165.000 173.150 120.000 53.150 29.400 13.700 4.129 6 dial informatie 1. Dividendron comodare in the nounco 6.001 din 2017 2012 de mon and with Shute dari 2013 TUIT INC Comparative Statement of Financial Position December 31 2017 Cash $ 53,625 Accounts receivable 58.000 Inventory 40.000 Prepaid rent 5,000 Equipment 154.000 Accumulated depreciation equipment (35,000 Goodwill 20.000 Total assets $295.625 Accounts payable $ 46,000 Income tax payable 4,000 Salaries and wages payable 8.000 Short-term loans payable 8.000 Long term loans payable 60,000 Common shares 130.000 Retained earning 39,625 Total liabilities and shareholders' equity $295/625 2016 $ 25,000 51,000 60,000 4,000 130,000 125.000) 50.000 $295.000 $ 40,000 6,000 4,000 10,000 69,000 130.000 36.000 $295.000 TUIT INC Income Statement Year Ending December 31, 2017 Sales revenue Cost of goods sold Grow margin Operating expenses Operating income Interest sense 511,400 Impairment loss Roodwill 30.000 non sale of equiment 3.000 to come before not Incontre income 5338, 150 165.000 173.150 120.000 53.150 29.400 13.700 4.129 6 dial informatie 1. Dividendron comodare in the nounco 6.001 din 2017 2012 de mon and with Shute dari 2013