Exhibit 99.2

 

T R MILLER CO., INC.

BALANCE SHEET

MARCH 31, 2023

 

ASSETS    
Current Assets    
Cash  $2,432,941 
Accounts Receivable, Net   1,373,822 
Deposits   6,940 
Due from Stockholders, Current   350,000 
Inventory   232,273 
Note Receivable, Current   3,241 
Prepaid Corporate Taxes   135,126 
Prepaid Expenses   8,909 
Total Current Assets   4,543,252 
      
Property and Equipment, net:   145,671 
      
Other Assets:     
Due from Stockholders, Net of Current Portion   702,781 
Note Receivable, Net of Current Portion   69,718 
    772,499 
Total Assets  $5,461,422 
      
Liabilities and Stockholders’ Equity     
      
Current Liabilities     
Accounts Payable and Accrued Expenses  $301,988 
Accrued Payroll and Related   165,279 
Due to Stockholder   37,805 
Unearned Revenue   218,622 
Sales Tax Payable   37,886 
Total Current Liabilities   761,580 
Total Liabilities   761,580 
      
Stockholders’ Equity     
Common Stock, No Par Value, 12,500 Shares Authorized, 4,000 Shares Issued and Outstanding   8,830 
Retained Earnings   4,691,012 
Total Stockholders’ Equity   4,699,012 
Total Liabilities & Stockholders’ Equity  $5,461,422 

 

 

 

 

T R MILLER CO., INC.

STATEMENT OF OPERATIONS AND RETAINED EARNINGS

NINE MONTHS ENDED MARCH 31, 2023

 

SALES  $10,967,501 
      
COST OF SALES   7,706,929 
      
GROSS PROFIT   3,260,572 
      
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES   3,279,672 
      
LOSS FROM OPERATIONS   (19,100)
      
OTHER INCOME     
Other Income (Expense)   3,246 
Interest Income (Expense), Net   27,138 
    30,384 
      
NET EARNINGS  $11,284 
      
RETAINED EARNINGS, BEGINNING  $4,679,728 
RETAINED EARNINGS, ENDING  $4,691,012