SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 23,06625,300 16,400 28,300 $ 63,866 $70,000 Cash Accounts Accounts payable Notes payable Other $ 24,384 $ 28,300 12,000 19,700 $ 51,155 $ 60,000 $ 81,000 85,703 13,648 27152 14,000 eceivable Inventory 12,771 Total Total Long-term debt Owners' equity Common stock and paid-in $ 55,00055,000 surplus Accumulated retained 213,406 233,297 earnings Fixed assets Net plant and quipment $336,695 $364,000 Total $268,406 $288,297 Total liabilities and owners equity Total assets $400,561 $434,000 $400,561 $434,000