=+Several years ago, your brother opened Balboa Repair Services. He made a small initial invest¬

ment and added money from his personal bank account as needed. He withdrew money for living expenses at irregular intervals. As the business grew, he hired an assistant. He is now considering adding more employees, purchasing additional service trucks, and purchasing the building he now rents. To secure funds for the expansion, your brother submitted a loan ap¬

plication to the bank and included the most recent financial statements, shown below, prepared from accounts maintained by a part-time bookkeeper.