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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2018
Dec. 30, 2017
Current Assets:    
Cash and cash equivalents $ 1,232,900 $ 1,073,200
Restricted cash 105,000 90,000
Receivables, less allowance for doubtful accounts of $400 and $400 1,502,000 1,796,000
Net investment in leases - current 17,046,100 15,332,300
Income tax receivable   2,161,800
Inventories 150,100 97,100
Prepaid expenses 765,800 901,600
Total current assets 20,801,900 21,452,000
Net investment in leases - long-term 26,380,400 25,945,300
Property and equipment, net 630,400 486,800
Goodwill 607,500 607,500
Other assets 396,800 350,400
Total assets 48,817,000 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 1,502,900 2,073,000
Income tax payable 237,200  
Accrued liabilities 3,214,400 1,837,300
Discounted lease rentals 1,637,100 570,800
Deferred revenue 3,047,200 3,012,700
Total current liabilities 12,874,900 10,729,900
Long-Term Liabilities:    
Line of credit 18,400,000 35,400,000
Notes payable, net of unamortized debt issuance costs of $89,500 and $96,500 27,223,000 28,841,000
Discounted lease rentals 2,260,900 1,121,600
Deferred revenue 7,294,500 7,297,500
Other liabilities 1,161,300 845,000
Deferred income taxes 360,200 320,500
Total long-term liabilities 56,699,900 73,825,600
Shareholders' Equity (Deficit):    
Common stock, no par value, 10,000,000 shares authorized, 3,868,526 and 3,843,078 shares issued and outstanding 3,329,600 1,476,200
Retained earnings (accumulated deficit) (24,087,400) (37,189,700)
Total shareholders' equity (deficit) (20,757,800) (35,713,500)
Total liabilities and shareholders' equity (deficit) $ 48,817,000 $ 48,842,000