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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Dec. 30, 2017
Current Assets:    
Cash and cash equivalents $ 1,800,600 $ 1,073,200
Restricted cash 105,000 90,000
Receivables, less allowance for doubtful accounts of $1,200 and $400 1,592,800 1,796,000
Net investment in leases - current 15,597,200 15,332,300
Income tax receivable   2,161,800
Inventories 79,700 97,100
Prepaid expenses 653,300 901,600
Total current assets 19,828,600 21,452,000
Net investment in leases - long-term 26,309,300 25,945,300
Property and equipment, net 581,200 486,800
Goodwill 607,500 607,500
Other assets 398,200 350,400
Total assets 47,724,800 48,842,000
Current Liabilities:    
Notes payable, net of unamortized debt issuance costs of $13,900 and $13,900 3,236,100 3,236,100
Accounts payable 2,067,600 2,073,000
Income tax payable 31,100  
Accrued liabilities 2,101,900 1,837,300
Discounted lease rentals 1,612,100 570,800
Deferred revenue 3,016,900 3,012,700
Total current liabilities 12,065,700 10,729,900
Long-Term Liabilities:    
Line of credit 24,600,000 35,400,000
Notes payable, net of unamortized debt issuance costs of $93,000 and $96,500 28,032,000 28,841,000
Discounted lease rentals 2,679,700 1,121,600
Deferred revenue 7,306,000 7,297,500
Other liabilities 1,358,000 845,000
Deferred income taxes 320,500 320,500
Total long-term liabilities 64,296,200 73,825,600
Shareholders' Equity (Deficit):    
Common stock, no par value, 10,000,000 shares authorized, 3,849,506 and 3,843,078 shares issued and outstanding 2,015,400 1,476,200
Retained earnings (accumulated deficit) (30,652,500) (37,189,700)
Total shareholders' equity (deficit) (28,637,100) (35,713,500)
Total liabilities and shareholders' equity (deficit) $ 47,724,800 $ 48,842,000