Need help with e-n

Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash Accounts receivable Inventory $ 24,246 14,448 27,992 $ 26,100 17,200 29,100 Accounts payable Notes payable Other $ 25,184 20,000 13,571 $ 29,100 12,800 18,100 Total $66,686 $ 72,400 Total $ 58,755 $60,000 $ 89,000 $101,000 Long-term debt Owners' equity Common stock and paid-in surplus 50,000 213,626 $50,000 226,000 Accumulated retained earnings Total Total liabilities and owners' equity Fixed assets Net plant and equipment $344,695 $364,600 $263,626 $276,000 Total assets $411,381 $437,000 $411,381 $437,000 SMOLIRA GOLF CORP 2015 Income Statement Sales Cost of goods sold Depreciation $360,968 262,500 29,200 Earnings before interest and taxes Interest paid 69,268 16,300 Taxable income Taxes (20%) $ 52,968 10,594 Net income $ 42,374 Dividends Retained earnings $30,000 12,374