What does this listing of Assets (A) and Liabilities (L) tell us about Brians snow removal activities?

This question HAS ONLY ONE SHORT ANSWER.

REMEMBER: To understand and analyze a business, ALL financial information is needed.

Brian Powell has returned to school for the second semester of his junior year. During the semester break he kept busy operating a snow removal business in his neighborhood. Because he planned to take a course in accounting applications, he had a business major help him prepare the following Summary of assets and liabilities at the end of the fall semester (December 15, 2001), and at the beginning of the spring semester (January 17, 2002):

ASSETS (A): January 17, 2002 December 15, 2001

Cash .. $ 1,300 $ 20

Due from snow removal customers........ 75 0

Clothing and personal effects ... 800 500

Books and school supplies ........ 135 40

TV, stereo, and records . 600 450

Snow blower . 400 400

College Education 20,610 17,260

Total Assets.. $ 23,920 $ 18,670

LIABILITIES (L):

Tuition loan .. $ 12,500 $ 10,000

Charge account balance clothing store..... $ 350 $ 0

Total Liabilities .. $ 12,850 $ 10,000