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MANCIL'S TRACTOR SERVICF{, INC.
<br />Balance Sheet
<br />as of September 30, 2017 and 2016
<br />,
<br />9/30/2017
<br />9/30/2016
<br />(restated)
<br />LIABILITIES AND STOCKHOLDER'S EQUITY:
<br />Current liabilities
<br />Trade accounts payable
<br />$ 3,119,009
<br />$ 3,959,087
<br />Billings in excess of cost and estimated
<br />earnings on uncompleted contracts
<br />567,246
<br />201,429
<br />Accrued Wx enses
<br />76,472
<br />45,706
<br />Line of credit
<br />369,891
<br />155,500
<br />Notes payable - current portion
<br />1,247,032
<br />1,271,843
<br />Total current liabilities
<br />5,379,650
<br />5,633,565
<br />Non-current liabilities
<br />Deferred gain
<br />973,153
<br />973,153
<br />Lease payable
<br />632,841
<br />163,739
<br />Notes payable
<br />1,341,544
<br />2,179,825
<br />Total non-current liabilities
<br />2,947,538
<br />3,316,717
<br />Total liabilities
<br />8,327,188
<br />8,950,282
<br />.Stockholder's equity
<br />Common stock, $1.00 par value, 5,000 shares
<br />authorized and 1000 shares issued
<br />1,000
<br />1,000
<br />Retained earnings
<br />9,528,999
<br />9,292,146
<br />Accumulated other comprehensive income
<br />-
<br />5,130
<br />Total stockholder's equity
<br />9,529,999
<br />9,298,276
<br />Total liabilities and stockholder's equity
<br />$ 17,857,187
<br />$ 18,248,558
<br />See independent accountant's compilation report
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