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Investment AffiliatedIssuer Noncontrolled$39,759,324 Investment UnaffiliatedIssuer$10,383,740 Investment AffiliatedIssuer Controlled$1,400,000 Total investments atfair value$51,543,064 Cash and cashequivalents$330,550 Prepaid income taxes$322,186 Interest receivable$244,962 Other assets$73,864 Total assets$52,514,626 Total liabilities andstockholders' equity (net...$52,514,626 Total stockholders'equity (net assets)...$50,954,855 Total liabilities$1,559,771 Total distributableearnings-$11,845,468 Treasury stock, at cost67,895 shares at...$1,566,605 Capital in excess of parvalue$64,063,157 Due to investmentadviser (see note 8)$532,591 Line of credit (seenote 5)$500,000 Deferred revenue$427,307 Accounts payable andaccrued expenses$99,873 Common stock, 0.10 parshares authorized...$303,771
Balance Sheet

RAND CAPITAL CORP (RAND)

RAND CAPITAL CORP (RAND)

source: myfinsight.com