5 of 5 Refer to the Balance Sheet and condensed Income Statements information shown below...

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5 of 5 Refer to the Balance Sheet and condensed Income Statements information shown below for Park Lane Hotel. Thec on a 365 r basis and has 250 rooms available Balance Sheets, December 31 2016 and 2017 ash Marketable Securities $20,00000 S60,000 S25,000.00 S115,000 redit card receivables Accounts receivable Food I $90,000.00 $16,720.00 $15,000.00 $15,000.00 S176,720.00 S150,000.00 115,440. 20,000. S5,000 5340,440.00 Total Current A $450,000 Investments Pro Land and E 5450.000(x 000,000,00 S500,000.00 $1,000,000.00 $1,950,000.00 S100,000,00 $2.376.720.00 S450,000,00 000,000 $610,000.00 $1,300,000.0 on Net Property and Equipmen $1.760,000 Other Assets Franchise Fees Total Assets 90,000,00 $2,640,440.00 5 of 5 Refer to the Balance Sheet and condensed Income Statements information shown below for Park Lane Hotel. Thec on a 365 r basis and has 250 rooms available Balance Sheets, December 31 2016 and 2017 ash Marketable Securities $20,00000 S60,000 S25,000.00 S115,000 redit card receivables Accounts receivable Food I $90,000.00 $16,720.00 $15,000.00 $15,000.00 S176,720.00 S150,000.00 115,440. 20,000. S5,000 5340,440.00 Total Current A $450,000 Investments Pro Land and E 5450.000(x 000,000,00 S500,000.00 $1,000,000.00 $1,950,000.00 S100,000,00 $2.376.720.00 S450,000,00 000,000 $610,000.00 $1,300,000.0 on Net Property and Equipmen $1.760,000 Other Assets Franchise Fees Total Assets 90,000,00 $2,640,440.00

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