Assets

Current Assets
Cash $ 113,000.00
Inventory $ 55,000.00
A/R $ 69,500.00

Fixed Assets
Patent $ 125,000.00
less Amor $ 25,000.00 $ 100,000.00
Equipment $ 212,500.00
Less Dep $ 10,625.00 $ 201,875.00
Prototype $ 23,750.00 $ 2,375.00

Incorporation expenses $ 6,000.00

Total $ 569,125.00

Liabilities
Current liabilities

Non Current liabilities

OE
Pid up capital $ 500,000.00
RE $ 69,125.00

$ 569,125.00
 $ 754,500.00

expenses
Advt $ 22,500.00
Labor $ 350,000.00
cporp $ 80,000.00
COGS $ 195,000.00
$ 647,500.00
$ 107,000.00

Dep $ 10,625.00
Amor $ 25,000.00
$ 71,375.00
$ 69,875.00
$ 69,125.00