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~ .. ~ <br />LIABILITIES <br />1979 1978 <br />CURRENT LIABILITIES <br />Short-term note payable (note C) <br />Current maturities of long-term debt: <br />(note B) <br />Accounts payable <br />Other liabilities <br />Income taxes (note D) <br />Deferred income taxes (notes A3 and D; <br />Total current liabilities <br />OTHER LIABILITIES <br />Long-term debt, less current maturities (notes <br />B and F) <br />Bonuses payable (note F) <br />Deferred income taxes (notes A3 and D) <br />Commitments (note E) <br />STOCKHOLDERS' EQUITY <br />Common stock - authorized, 2,500 shares of <br />$10 par value; issued and outstanding, <br />1,800 shares <br />Retained earnings <br />18,000 18,000 <br />362,426 191,700 <br />380,426 209,700 <br />$ 2,136,989 $ 1,864,432 <br />$ 424,859 $ 120,000 <br />151,876 115,687 <br />501,710 624,760 <br />110,973 96,006 <br />13,325 11,745 <br />56,720 - <br />1,259,463 968,198 <br />326,118 537,376 <br />122,500 115,000 <br />48,482 34,158 <br />497,100 686,534 <br />z <br />THERIOT, MILFORD & DUNN <br />CERTIFIED PUBLIC ACCOUNTANTS <br />