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 $24,246 26,100 17,200 29,100 $ 66,686 $72,400 $ 29,100 12,800 18,100 $ 58,755 $ 60,000 $ 25,184 Cash Accounts Accounts payable Notes payable Other 14,448 20,000 receivable Inventory 27,992 13,571 Total Total Long-term debt Owners' equity $ 89,000 103,648 Common stock and paid-in 50,000 $50,000 surplus Accumulated retained 213,626 223,352 earnings Fixed assets Net plant and $344,695 $364,600 Total $263,626 273,352 equipment Total liabilities and owners' equity Total assets $411,381 $437,000 $ 411,381 $437,000