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Financial Statement CPA Certified EXEMPT
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Financial Statement CPA Certified EXEMPT
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3/10/2025 1:08:54 PM
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Hycon Investments, LLC <br />Balance Sheet <br />June 30, 2024 <br /> <br />The Independent Accountant’s Review Report and the accompanying notes are an integral part of these <br />financial statements. <br />2 <br /> <br />Assets <br />Current assets <br />Cash 794,887$ <br />Contracts receivable 506,427 <br />Contract assets: <br />Contracts retention 249,342 <br />Costs and estimated earnings in excess of billings 132,722 <br />Total current assets 1,683,378$ <br />Investments 83,114 <br />Other assets 45,225 <br />Total assets 1,811,717$ <br />Liabilities and Members' Capital <br />Current liabilities <br />Accounts payable 355,112$ <br />Current portion of long term debt 3,368 <br />Contract liabilities: <br />Billings in excess of costs and estimated earnings 419,039 <br />Total current liabilities 777,519$ <br />EIDL loan, net of current portion 146,632 <br />Total liabilities 924,151 <br />Members' capital 887,566 <br />Total liabilities and members' capital 1,811,717$ <br /> <br /> <br /> <br />(This space has been intentionally left blank.) <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />
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