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Analysts following the Sandhill Golf Company were given the following balance sheet information for the years ended June 30,2020 and June 30, 2019. ASSETS 2020

Analysts following the Sandhill Golf Company were given the following balance sheet information for the years ended June 30,2020 and June 30, 2019. ASSETS 2020 2019 Cash and Marketable Securities 33511 16666 Accounts Receivable 260305 318918 Inventory 42969 352840 Other Current Assets 41401 30012 Total Current Assets 759186 718436 Plant and Equipment 1931919 1609998 Less: Accumulated Depreciation -419194 -206778 Net plant and Equipment 1512725 1403220 Goodwill and other assets 382245 412715 Total Assets 2654156 2534371 LIABILITES AND EQUITY 2020 2019 Accounts payable and accruals 378386 332104 Notes payable 14637 7962 Accrued income taxes 21275 16915 Total Current Liabilites 414298 356981 Long-term debt 680081 793665 Total Liabilities 1094379 1150646 Pref

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