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PANCAKE SUPPLY CHAIN CO-OP, INC.
BALANCE SHEETS
December 31, 2016 and 2015
2016 2015
ASSETS
Current assets
Cash and cash equivalents $ 32,400 $ 33,100
Income tax receivable 7,012 9,043
39,412 42,143
Investment at equity (Note 2) 1,857,193 1,678,150
Total assets $ 1,896,605 $ 1,720,293
MEMBERS’ EQUITY
Members’ equity (Note 1) $ 1,896,605 $ 1,720,293
Total members’ equity $ 1,896,605 $ 1,720,293
See accompanying notes to financial statements.
2.