Financial Report

Balance Sheet

Assets Liabilities and Equity

Section Item Amount Section Item Amount

Current Assets	Cash and Cash Equivalents	$158,000.00	Current Liabilities	Accounts Payable	$68,900.00 Current Assets	Accounts Receivable	$96,200.00	Current Liabilities	Short-term Debt	$35,500.00 Current Assets	Inventory	$74,300.00	Long-term Liabilities	Long-term Debt	$126,000.00 Non-current Assets	Property, Plant and Equipment	$285,000.00	Equity	Common Stock	$120,000.00 Non-current Assets	Intangible Assets	$42,000.00	Equity	Retained Earnings	$304,100.00 Total Assets	Total Assets	$655,500.00	Total Liabilities + Equity	Total Liabilities + Equity	$654,500.00

Merged cells are used in the Section column via rowspan.

Income Statement

Section Item Amount

Revenue	Product Revenue	$512,000.00 Revenue	Service Revenue	$87,000.00 Cost & Expenses	Cost of Goods Sold	$240,000.00 Cost & Expenses	Operating Expenses	$128,000.00 Cost & Expenses	Administrative Expenses	$39,000.00 Other	Other Income	$8,000.00 Other	Tax Expense	-$22,000.00 Net Result	Net Result	$992,000.00