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13. Some recent financial statements for Smotra Golf Corp follow Question 13 (of t Assets 2014 2015 SMOLIRA GOLF CORP 2014 and 2015 Balance

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13. Some recent financial statements for Smotra Golf Corp follow Question 13 (of t Assets 2014 2015 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners Equity 2014 2015 Current assets Current habibes Cash Accounts receivable Inventory $ 23,046 13,448 26,822 $ 25,100 Accounts payable 16,200 Notes payable 28,100 Other Total $63,316 5.60400 Total Long-term debt $ 79,000 Owners' equity Common stock and paid in surplus Accumulated retained earnings Fixed assets Net plant and equipment $334,695 Total assets $395,011 $364,600 $434,000 Total $202.256 $24,184 20,000 12,571 $ 56,755 $ 48,000 214 256 $26,100 11,000 19,100 $ 59,000 $90,000 $40,000 237,000 $285.000 Total liabilities and owners' equity $308,011 $434,000 SMOLIRA GOLF CORP 2015 Income Statement Sales $349.760 Cost of goods sold 241,500 Type here to search O e TT

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