Revised Question*

SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2019 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2018 s 5,298 7,707 12 150 $25 155 S75 301 Sloo 456 2019 s 5,827 8,477 21 956 s 36 260 s 79 412 S115672 2018 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 3,754 3,045 152 s 6951 $24,700 $40,000 28 805 $68 805 Sloo 456 s s 3,986 3,318 179 7 483 s 16,000 s 37,000 55 189 s 92 189 S115672 SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2019 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2018 s 5,298 7,707 12 150 $25 155 S75 301 Sloo 456 2019 s 5,827 8,477 21 956 s 36 260 s 79 412 S115672 2018 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 3,754 3,045 152 s 6951 $24,700 $40,000 28 805 $68 805 Sloo 456 s s 3,986 3,318 179 7 483 s 16,000 s 37,000 55 189 s 92 189 S115672