Brian Industries

Balance Sheet

ASSETS
12/31/2015 12/31/2016
Cash $ 2,165 $ 2,647
Accounts Receivable 4,832 5,614
Inventory 3,217 2,843
TOTAL CURRENT ASSETS $ 10,214 $ 11,104

Fixed Assets
Gross $ 35,183 $ 39,456
Accum. Depreciation (22,640) (24,852)
Net Fixed Assets $ 12,543 $ 14,604

TOTAL ASSETS $ 22,757 $ 25,708

LIABILITIES
Accounts Payable $ 1,642 $ 1,420
Salary Payable 438 1,228
TOTAL CURRENT LIABILITIES $ 2,080 $ 2,648
Long-Term Debt $ 1,823 $ 409
TOTAL LIABILITIES 3,903 $ 3,057
EQUITY
Common Stock 10,000 12,500
Retained Earnings 8,854 10,151
TOTAL EQUITY $ 18,854 $ 22,651

TOTAL LIABILITIES AND EQUITY $ 22,757 $ 25,708

 Brian Industries Brian Industries
Income Statement Statement of Cash flows
Period Ended 12/31/16

Sales $ 40,506 Cash, Beginning of year

Cost of Goods 14,177 Operating Activity
Depreciation 2,212 Net Income
Other Expenses $ 17,275 Plus Depreciation
EBIT $ 6,842 Accounts Receivable
Interest 180 Inventory
EBT $ 6,662 Accounts Payable
Tax 2,265 Salary Payable
Net Income $ 4,397 Net Cash From Operation
Investment Activity
Dividends 3,100 Change in Fixed Assets
Addition to R/E 1,297 Net Cash From Investme
Financing Activity
Notes Payable
Change in LT Debt
Change in Common Stock
Dividends Paid
Net Cash From Fin
Net Increase
Cash End of Year
ustries
Cash flows

$ 2,165

$ 4,397
2,212
(782)
374
(222)
790
$ 6,769

$ (4,273)
$ (4,273)

-
(1,414)
2,500
(3,100)
$ (2,014)
$ 482
$ 2,647