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 Cash Accounts $ 23,996 $25,600 16,700 28,600 $65,406 $ 70,900 $24,684$ 28,600 12,300 19,100 53,755 $ 60,000 $84,000 $91,541 Accounts payable Notes payable Other 13,948 16,000 receivable Inventory 27,462 13,071 Total Total Long-term debt Owners' equity Common stock and paid-in 60,000 $ 60,000 surplus Accumulated retained 207,346 220,460 earnings Fixed assets Net plant and $339,695 $361,100 Total $267,346 $280,460 equipment Total liabilities and owners' equity Total assets $ 405,101 $432,000 $405,101 $432,000