Page 117 - Annual Report 2016 - Cover & Divider Pages.indd

Cash
Deposits
OTHER ASSETS
CURRENT ASSETS

Computer technology
Furniture and fixtures
Income tax receivable
Deferred income taxes
Leasehold improvements
$165,000, respectively)
PROPERTY AND EQUIPMENT
Prepaid expenses and other
on uncompleted contracts
Notes receivable - stockholders
Less: Accumulated depreciation
$170/000 and $165/000, respectively)
See Independent Accountant's Review Report.
Costs and estimated earnings in excess of biliings

Goodwill (net of accumulated amortization of $225/000 and
The accompanying notes are an integral part of these statements.
Accounts receivable (net of allowance for doubtful accounts of
ASSETS

BALANCE SHEETS
FGM ARCHITECTS INC.
SEPTEMBER 30, 2016 AND 2015

2016
$ 7/106,010
160/000
75/000
266,294
2,815,894
3,239,097
31/294
423,203
44,905
412,056
6/416,513
1,775,614
565,711
897/772
738,096
3,577,651
$ 1,632,801
11,004
2015
168,389
33/389
$ 7/645/629
3,107,693
568,573
2,539,120
135,000
1,713,226
428,782
6,908,667
84,356
893,230
501,237
4,021/703
$ 974,439
1,386,451
12,936