CHURCH ASSETS (2022):
*Current: $3,866,267
**Fixed: $10,159,754
Total Assets: $14,026,021
Total Liabilities: $3,439,543
Current Equity: $10,586,478
*Current Assets: cash and other assets that are expected to be converted to cash within a year
**Fixed Assets: assets that are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment