Balance Sheet December 31 2003 Assets Current Assets: Cash$1430000 Accounts Rece

Balance Sheet December 31 2003 Assets Current Assets: Cash$1430000 Accounts Receivable $86000 Less: Reserve for Bad Debts$0 $86000 $86000 Merchandise Inventory $429000 Prepaid Expenses$26000 Notes Recievable $0 Total Current Assets $1971000$1971000 Fixed Assets: Vehicles $63000 Less: AccumulatedDepreciation $27750 $35250 $35250 Furniture and Fixtures$435000 Less: Accumulated Depreciation $186000 $249000 $249000Equipment $634000 Less: Accumulated Depreciation $214000 $420000$420000 Total Fixed Assets $704250 $704250 Other Assets:Goodwill $0 Total Other Assets $0 $0 Total Assets $2675250