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SUMMIT CONSTRUCTION OF VERO BEACH, LLC <br />'BALANCE SHEET <br />••-,• • • <br />JUNE 30, 2016 <br />ASSETS <br />Current assets <br />Cash $ 405,645 <br />Contracts receivable 362,085 <br />Investments, at cost 294,179 <br />Cost and estimated earnings in excess <br />of billings on uncompleted contracts 20,297 <br />Total current assets 1,082,206 <br />Net property and equipment 245,515 <br />Total assets $ 1,327,721 <br />LIABILITIES AND MEMBERSEQUITY <br />Current liabilities <br />Accounts payable <br />Current portion of long-term debt <br />. Billings in excess of cost and estimated <br />earnings on uncompleted contracts <br />Total current liabilities <br />Long-term debt, net of current portion <br />Total liabilities <br />Member's equity <br />Total liabilities and member's equity <br />294,597 <br />12,227 <br />117,479 <br />424,303 <br />58,991 <br />483,294 <br />844,427 <br />$ 1,327,721 <br />See accompanying independent accountants' compilation report. <br />2 <br />