Annual report pursuant to Section 13 and 15(d)

Investment in Joint Venture At Equity (Tables)

v2.4.1.9
Investment in Joint Venture At Equity (Tables)
12 Months Ended
Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Summary financial information

Such summary financial information has been provided herein based upon the individual significance of this unconsolidated equity investment to the consolidated financial information of the Company.

 

    Year Ended 
December 31,
2014
 
       
Current assets   $ 250,480  
Non-current assets   $ 68,973  
Current liabilities   $ 290,817  
Members' equity   $ 28,636  
Summary of net income loss

The equity balance carried on the Company's balance sheet amounts to $15,699 for the year ended December 31, 2014.

 

    Year Ended 
December 31,
2014
 
       
Net sales   $ 957,882  
Gross profit   $ 255,032  
Operating expenses   $ 280,134  
Other income   $ 56,500  
Net income(loss)   $ 31,398