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Other receivables$8,566 Trade, net of provisionfor credit losses of...$277,292 Prepaid expenses$121,712 Inventories - finished goods$753,509 Amount due from factor$46,487 Total accountsreceivable$285,858 Cash and cashequivalents$4,292,476 Total current assets$5,500,042 Total assets$5,500,042 Total liabilities andshareholders' equity$5,500,042 Total shareholders'equity$2,270,991 Total currentliabilities$3,229,051 Accumulated deficit-$11,534,679 Additional paid-in capital$13,782,541 Accrued commissions andother$26,000 Accrued payroll andemployee benefits$78,851 Accountspayable-Nonrelated Party$285,333 Derivative component ofconvertible debenture$949,000 Convertible debenture$1,882,450 Line of credit -factor$7,417 Common stock, .01 parvalue per share...$23,129
Balance Sheet
source: myfinsight.com

UNIVERSAL SAFETY PRODUCTS, INC. (UUU)

UNIVERSAL SAFETY PRODUCTS, INC. (UUU)