Balance Sheet for Division A
As the year ended for June 30, 2002
Assets
Assets Cash $30,850
Accounts Receivable $130,625
Inventory $110,000
Total Current Assets $271,475
Non- Current Assets Property, Plant and Equipment $203,500
Total Assets $474,975
Liabilities and Stockholder's Equity
Current Liabilities Accounts Payable $90,500
Income Tax Payable $11,000
Total Current Liabilities $101,500
Non- Current Liabilities
Notes Payable $97,300
Total Non-Current Liabilities $97,300
Total Liabilities $198,800
Common Stock $119,500
Retained   Earnings  $156,675
Total Stockholder's Equity $276,175
Total Liabilities and Stockholder's Equity $474,975