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 $ 24,136 $ 25,000 16,100 28,000 64,206 69,100 $ 24,084$ 28,000 11,700 18,300 $ 55,555 $58,000 $ 78,000$ 91,532 Accounts payable Notes payable Other 19,000 13,348 26,722 receivable Inventory 12,471 Total Total Long-term debt Owners' equity Common stock and paid-in 60,000$ 60,000 surplus Accumulated retained 204,346 223,468 earnings Fixed assets Net plant and $333,695 $363,900 Total $264,346 $283,468 equipment Total liabilities and owners' Total assets $397,901 $433,000 $397,901 $433,000