Some recent financial statements for Smolira Golf Corp. follow. IRA 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2018 2017 $ 23,066 13,648 2018 24,384 $ 28,300 12,000 19,700 $ 51,155 60,000 $81,000 85,703 2017 Current assets Current liabilities 25,300 Cash Accounts 16,400 28,300 70,000Total Accounts payable Notes payable Other 14,000 12,771 receivable 27152 Total $63,866 Long-term debt Owners' equity Common stock and paid-in s 55,000 55,000 surplus Accumulated retained 213,406 233.297 earnings Fixed assets Net plant and $336,695 $364,000 Total $268,406 $288,297 and owners $400.561 $434,000 Total assets 400,561 $434,000 equity SMOLIRA GOLF CORP 2018 Income Statement $333,706