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HRP CONSTRUCTION INC. <br />BALANCE SHEET <br />December 31, 2018 <br />ASSETS <br />Current assets <br />Cash $ 5,392,966 <br />Accounts receivable 4,882,895 <br />Costs and estimated earnings in excess of billings on contracts in process 67,917 <br />Other current assets 76,962 <br />Total current assets 10,420,740 <br />Property and equipment <br />Construction equipment <br />3,638,652 <br />Autos and trucks <br />587,597 <br />Leasehold improvements <br />82.873 <br />4,309,1 22 <br />Accumulated depreciation <br />(3,7 796) <br />Net property and equipment <br />552,326 <br />Company -owned life insurance 781,494 <br />11 754 560 <br />LIABILITIES AND SHAREHOLDER'S EQUITY <br />Current liabilities <br />Accounts payable $ 2,818,760 <br />Billings in excess of costs and estimated earnings on contracts in <br />process 3,796, 833 <br />Other current liabilities 162620 339 <br />Total current liabilities 8,235,932 <br />Other liabilities 1,909,262 <br />Shareholders equity <br />Common stock, no par value: 400 shares issued and authorized, and 140.47 <br />shares outstanding <br />81,000 <br />Additional paid -in capital <br />10,000 <br />Retained earnings <br />4.448,042 <br />4,539,042 <br />Treasury stock (259.53 shares, at cost) <br />(2,929.676, <br />Total shareholders equity <br />1.6+09.36 <br />" wM <br />See accompanying notes to financial statement. <br />2. <br />