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Case 2. After you have been out of college for a year, you have $5,000...

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Case 2. After you have been out of college for a year, you have $5,000 to invest. A friend has started My Dream Inc., and she asks you to invest in her company. You obtain My Dream Inc.'s financial statements, which are summarized at the end of the first year as follows My Dream Inc. Income Statement For the Year Ended December 31, 2014 Revenues Expenses Net income 80,000 60,000 $20,000 My Dream Inc. Balance Sheet As at December 31, 2014 Cash Other assets Total assets Liabilities Equity $35,000 45,000 80,000 $13,000 67,000 $80,000 abilities and equity

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