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10 <br /> Piedmont Food Processing Center, Inc. <br /> Balance Sheet <br /> As of December 31, 2022 <br /> Total <br /> ASSETS <br /> Current Assets <br /> Bank Accounts <br /> Checking Account#2731 $ 43,669 <br /> Clearing Account $ 0 <br /> Money Market(SBA Loan of$25,000) $ 25,782 <br /> Total Bank Accounts $ 69,452 <br /> Accounts Receivable <br /> Accounts Receivable(A/R) $ 0 <br /> Total Accounts Receivable $ 0 <br /> Other Current Assets <br /> Inventory Asset $ 0 <br /> Undeposited Funds $ 0 <br /> Total Other Current Assets $ 0 <br /> Total Current Assets $ 69,452 <br /> Fixed Assets <br /> Accumulated Depreciation -$ 54,130 <br /> Computers&Equipment $ 6,246 <br /> Furniture&Fixtures $ 1,100 <br /> Machinery&Equipment $ 49,587 <br /> Total Fixed Assets $ 2,803 <br /> TOTAL ASSETS $ 72,255 <br /> LIABILITIES AND EQUITY <br /> Liabilities <br /> Current Liabilities <br /> Accounts Payable <br /> Accounts Payable(A/P) $ 1,122 <br /> Total Accounts Payable $ 1,122 <br /> Other Current Liabilities <br /> North Carolina Department of Revenue Payable $ 0 <br /> Payroll Clearing $ 0 <br /> Payroll Tax Payable $ 0 <br /> Total Other Current Liabilities $ 0 <br /> Total Current Liabilities $ 1,122 <br /> Long-Term Liabilities <br /> Notes Payable <br /> Loan-SBA EIDL $ 24,726 <br /> Loan-SBA PPP $ 0 <br /> Note Payable-Orange County(Equipment Purchases) $ 16,693 <br /> Total Notes Payable $ 41,419 <br /> Total Long-Term Liabilities $ 41,419 <br /> Total Liabilities $ 42,541 <br /> Equity <br /> Opening Balance Equity $ 0 <br /> Retained Earnings $ 30,659 <br /> Net Income -$ 945 <br /> Total Equity $ 29,714 <br /> TOTAL LIABILITIES AND EQUITY $ 72,255 <br /> Tuesday,Sep 19,202310:00:06 AM GMT-7-Accrual Basis <br />