Some recent financial statements for Smolira Golf Corp. follow.

SMOLIRA GOLF 2011 and 2012 Balance Sheets
Assets									Liabilities and Owners Equity
	2011				2012					2011				2012
Current assets									Current liabilities
Cash	$	24,076			$	24,400			Accounts payable	$	23,484			$	27,400
Accounts receivable		12,748				15,500			Notes payable		13,000				11,100
Inventory		25,742				27,400			Other		11,871				17,500
Total	$	62,566			$	67,300			Total	$	48,355			$	56,000
									Long-term debt	$	72,000			$	84,000
									Owners equity
									Common stock and paid-in surplus	$	45,000			$	45,000
									Accumulated retained earnings		224,906				245,000
Fixed assets
Net plant and equipment	$	327,695			$	362,700			Total	$	269,906			$	290,000
Total assets	$	390,261			$	430,000			Total liabilities and owners equity	$	390,261			$	430,000

SMOLIRA GOLF, INC. 2012 Income Statement
Sales					$	378,618
Cost of goods sold						254,000
Depreciation						56,150
Earnings before interest and taxes					$	68,468
Interest paid						14,600
Taxable income					$	53,868
Taxes (20%)						10,774
Net income					$	43,094
Dividends	$	23,000
Retained earnings		20,094

WHAT IS THE FIXED ASSET ACQUISITION?