3, Some recent financial statements for Smolira Golf, Inc., follow. 2019 Assets Current assets Cash Accounts receivable Inventory SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 Llabilities and Owners' Equity Current liabilities $ 2,971 $ 2,907 Accounts payable $ 2,193 4.727 5,701 Notes payable 1,790 12,638 13,702 98 $ Other 2,680 2.196 115 Total $ 20,336 $ 22,310 Total $ 4,081 $ 4,991 $ 14,100 $ 16,860 Fixed assets Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 42,000 15,694 42,000 39,696 $ 55,539 $ 81,237 $ 57,694 $ 81,696 Net plant and equipment Total assets $ 75,875 $ 103,547 $ 75,875 $ 103,547 SMOLIRA GOLF, INC. 2019 Income Statement Sales $ 188,970 Cost of goods sold 127,003 Depreciation 5,253 $ EBIT Interest pald 56,714 1,350 $ Taxable income Taxes 55,364 19,377 $ 35,987 Net income $ Dividends Retained earnings 11,985 24,002 Construct the Dupont Identity for Smolira Golf, Inc. Profit margin Total asset turnover Equity multiplier Return on equity