Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2014 2015 2015 Current assets Current liabilities Cash Accounts receivable $ 23,076 13,748 27,252 $ 25,400 16,500 28,400 Accounts payable Notes payable Other s 24,484 14,000 12,871 $ 28,400 12,100 17,500 Total $64,076 $ 70,300 Total 51,355 $ 58,000 82,000 $ 96,400 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 45,000 223,416 $ 45,000 235,000 Fixed assets Net plant and equipment $337,695 $364,100 Total $268,416 $280,000 Total assets $401,771 $434,400 Total liabilities and owners' equity $401,771 $434,400