Some recent financial statements for Smolira Golf, Inc., follow.

$\backslash$table$[[\backslash$table$[[$SMOLIRA GOLF, INC.$],[$Balance Sheets as of December $31,2015$ and $2016]]],[,2015,2016,,2015,,2016],[$Assets$,,,$Liabilities and Owners',Equity,,$],[$Current assets,,,Current liabilities,,,$],[$Cash$,$$$3,001,$$$2,957,$Accounts payable,$$2,188,$$$,2,670],[$Accounts receivable,$4,732,5,711,$Notes payable,$1,785,,2,186],[$Inventory$,12,618,13,712,$other,$97,,114],[$Total$,$$$20,351,$$$22,380,$Total,$$4,070,$$$,4,970],[,,,$Long$-$term debt,$$14,000,$$$,16,760],[,,,$Owners' equity,,,$],[,,,$Common stock and paid$-$in surplus,$$41,500,,41,500],[$Fixed assets,,,Accumulated retained earnings,$15,689,,39,623],[$Net plant and equipment,$$54,908,$$$80,473,$Total,$$57,189,$$$,81,123],[$Total assets,$$75,259,$$$102,853,$Total liabilities and owners' equity,$$75,259,,102,853]]$

$\backslash$table$[[$SMOLIRA GOLF, INC.$],[2016$ Income Statement,$],[$Sales$,$$$188,770$