EFTA00073419

# Laurel, Inc.
EIN #
BALANCE SHEET
As of December 31, 2016

<table border="1"><tr><td>CASH</td><td></td><td>$ 4,220</td></tr><tr><td></td><td>TOTAL ASSETS</td><td>$ 4,220</td></tr></table>

<table border="1"><tr><td>ADVANCES</td><td></td><td rowspan="4">CORPORATIONS-STT</td><td>2017 JUN 26 AM 11:38</td><td>4,535</td><td>RECEIVED</td></tr><tr><td>STOCKHOLDER&#x27;S EQUITY</td><td></td><td></td><td>000</td><td>(1,315)</td></tr><tr><td>Paid in capital stock</td><td></td><td></td><td>(315)</td><td></td></tr><tr><td>Accumulated deficit</td><td></td><td></td><td></td><td></td></tr><tr><td colspan="2">TOTAL LIABILITIES AND STOCKHOLDER&#x27;S EQUITY</td><td colspan="2">$</td><td colspan="2">4,220</td></tr></table>

## STATEMENT OF INCOME AND RETAINED EARNINGS
For the year ended December 31, 2016

<table border="1"><tr><td>Income</td><td>$</td><td>-</td></tr><tr><td>Total revenues</td><td></td><td>-</td></tr><tr><td>General and administrative expenses</td><td></td><td>150</td></tr><tr><td>Total expenses</td><td></td><td>150</td></tr><tr><td>NET LOSS</td><td></td><td>(150)</td></tr><tr><td>Accumulated deficit, beginning of year</td><td></td><td>(1,165)</td></tr><tr><td>Accumulated deficit, end of year</td><td colspan="2">$ (1,315)</td></tr></table>