The document is the balance sheet for GemStar Corporation as of May 31, 2020. It shows total assets of $66,486.47 including current assets of $52,533.34 such as cash and supplies inventory, and fixed assets including a vehicle worth $13,953.13. Total liabilities are $41,653.33 including current liabilities of $1,653.33 and long-term liabilities of $40,000 in loans payable. Equity includes common stock of $20,000 and retained earnings of $4,833.14. Various financial ratios are also calculated from the balance sheet including a current ratio of 1.2 and a debt to asset ratio of 1.59.