Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 24,126 24,900 16,000 27,900 $ 63,916 68,800 $ 23,984 $ 27,900 11,600 16,500 $ 54,355 $ 56,000 $ 77,000$ 74,606 Cash Accounts Accounts payable Notes payable Other 13,248 18,000 receivable Inventory 26,542 12,371 Total Long-term debt Owners' equity Total Common stock and paid-in $ 50,000 $ 50,000 surplus Accumulated retained 215,256 250,394 earnings Fixed assets Net plant and $332,695 $362,200 Total $265,256 $300,394 equipment Total liabilities and owners' Total assets 396,611 $431,000 $ 396,611 431,000