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1 CONSOLIDATED BALANCE SHEETS
<br /> ADJUSTERS INTERNATIONAL, INC. AND SUBSIDIARIES
<br /> December 31,
<br /> 2016 2015
<br /> 1 ASSETS
<br /> CURRENT ASSETS
<br /> Cash and cash equivalents $ 3,900,036 $ 6,277,529
<br /> Accounts receivable, net of allowances of C
<br /> $87,236 in 2016 and 2015 3;1455 5,016,576
<br /> Accrued fees receivable--affiliates180,948 190,917
<br /> Accrued fees receivable--nonaffiliates 1,883,742 1,064,592
<br /> Unbilled costs o O� 58,279 90,908
<br /> Inventory
<br /> �� 3,756 3,381
<br /> Refundable income taxes 50,211 1,045,433
<br /> Deferred income taxes O 165,000 32,000
<br /> Prepaid franchise fees, advertising and deposits 0 283,132 244,041
<br /> TOTAL CURRENT ASSETS 9,678,559 13,965,377
<br /> V
<br /> OTHER ASSETS
<br /> Investment in joint venture �6 1,255,661 -0-
<br /> Intangible asset--goodwill ($3,200;000), less amortization 2,973,333 -0-
<br /> Deferred income taxes o (J3 103,000 -0-
<br /> 4,331,994 -0-
<br /> IPROPERTY AND EQUIPMENT
<br /> Land \u/\ 166,847 166,847
<br /> Building and impro.ements 3,647,813 3,664,432
<br /> Office furniture and equipment 1,098,610 1,107,265
<br /> Software/website development 913,849 799,225
<br /> Trade show displays 4,174 39,538
<br /> 5,831,293 5,777,307
<br /> Less allowances for depreciation and amortization 3,179,388 3,000,844
<br /> 2,651,905 2,776,463
<br /> I
<br /> $16,662,458 $ 16,741,840
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<br /> Confidential pursuant to Chapter 688.02 (4) (a) and (b),Florida Statutes, "Uniform Trade Secret Act."
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