SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $35,685 $39,032 28,936 43,152 $ 58,136 $111,120 38,99243,232 Cash Accounts 18,451 4,000 Accounts payable Notes payable Other 20,308 21,034 receivable 25,674 $ 80,334 $86,081 $ 121,500 185,476 Inventory Total Total Long-term debt Owners' equity Common stock and paid-in $ 56,300 56,30o surplus Accumulated retained 265,702 304,846 earnings Fixed assets Net plant and $465,700 $521,583 Total $322,002 3 361,146 equipment Total liabilities and owners' Total assets $523,836 $632,703 $523,836 $632,703