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ELECTRONIC SYSTEMS TECHNOLOGY, INC. BALANCE SHEETS (Interim period unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 756,354 $ 502,971
Certificates of deposit investments 750,000 1,000,000
Accounts receivable 146,818 71,202
Inventories 594,935 703,147
Accrued interest receivable 3,095 6,903
Prepaid expenses 6,100 8,405
Total current assets 2,257,302 2,292,628
Property and equipment, net of depreciation 46,398 51,383
Deferred income taxes 244,092 244,092
Total assets 2,547,792 2,588,103
Current liabilities    
Accounts payable 56,376 15,114
Accrued liabilities 29,864 22,693
Refundable deposits 3,622 4,527
Total current liabilities 89,862 42,334
Total liabilities 89,862 42,334
COMMITMENTS [1] 0 0
Stockholders' equity    
Common stock, $0.001 par value 50,000,000 shares authorized 5,052,178 and 5,060,903 shares issued and outstanding respectively 5,052 5,061
Additional paid-in capital 969,266 972,609
Retained earnings 1,483,612 1,568,099
Total stockholders' equity 2,457,930 2,545,769
Total liabilities and stockholders' equity $ 2,547,792 $ 2,588,103
[1] Note 6