BALANCE SHEET FOR THE RICHARD STOCKTON SCHOOL OF BUSINESS DECEMBER 31, 2007
Assets:
Current Assets:
Cash and Cash Equivalents $55,000
Accounts Receivable, net $440,125
Short Term Investments $25,000
Inventory $20,000
Supplies $100,000
Prepaid Insurance $25,000
Total Current Assets $665,125
Property, Plant, and Equipment:
Land $2,000,000
Building
Less: Accumulated Depreciation $1,000,000
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