SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Llabllltles and owners' Equlty Current assets Current liabilities Cash Accounts receivable Inventory 8,149 19,350 $28,666 32.409 4,607 4,1 Accounts payable 6,702 17,357 3,413 $3,846 3,416 165 $6,3197,427 $22,500 19,000 Notes payable Other 2,768 138 Total Long-term debt Owners' equity Total Common stock and paid-in surplus $38,000 38,000 44,792 $58,535 $82,792 $87,354 $109,219 Fixed assets Accumulated retained earnings 20,535 Total Net plant and equipment 5a Total assets 58,688 76,810 $87,354 $109,219 Total liabilities and owners' equity