Financial Analysis Bizzy Buzzy Bee's Honey Pot And Pollination Consulting Company Income Statement For Years-Ended 12.31.17 and 12.31.18 12.31.18 12.31.17 Sales Revenue 1,500,000 1,145,000 Sales Returns and Allowances 26,000 12,000 Sales Discounts 10,000 2,000 Net Sales 1,464,000 1,131,000 Cost of Goods Sold 1,100,000 602,000 Gross Profit 364,000 529,000 Salaries Expense 90,000 70,000 Electric Expense 24,000 15,000 Depreciation Expense - Machinery 10,000 4,000 Depreciation Expense - Vehicles 5,000 5,000 Depreciation Expense - Building 20,000 10,000 Net Income 215,000 425,000 Bizzy Buzzy Bee's Honey Pot And Pollination Consulting Company Statement of Owner's Equity For Years-Ended 12.31.17 and 12.31.18 12.31.18 12.31.17 Owner's Equity - Beginning 600,000 200,000 Net Income 215,000 425,000 Owner's Drawing 30,000 25,000 Owner's Equity - Ending 785,000 600,000 Bizzy Buzzy Bee's Honey Pot And Pollination Consulting Company Balance Sheet As Of 12.31.17 and 12.31.18 12.31.18 12.31.17 Current Assets Cash 200,000 50,000 Accounts Receivable (net) 176,000 50,000 Inventory 60,000 70,000 Prepaid Insurance 26,000 50,000 Total Current Assets 462,000 220,000 Property Plant & Equipment Machinery 90,000 69,000 Accumulated Depreciation - Machinery 20,000 10,000 Vehicles 33,000 133,000 Accumulated Depreciation - Vehicles 20,000 15,000 Building 165,000 245,000 Accumulated Depreciation - Building 50,000 30,000 Land 360,000 206,000 Total Net Property Plant & Equipment 558,000 598,000 Total Assets 1,020,000 818,000 Current Liabilities Accounts Payable 20,000 18,000 Salaries Payable 15,000 60,000 Total Current Liabilities 35,000 78,000 Non-Current Liabilities Notes Payable 200,000 140,000 Total Non-Current L