Revised Question*

SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2019 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2018 s 5,298 7,707 12 150 $25 155 S75 301 Sloo 456 2019 s 5,827 8,477 21 956 s 36 260 s 79 412 S115672 2018 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 3,754 3,045 152 s 6951 $24,700 $40,000 28 805 $68 805 Sloo 456 s s 3,986 3,318 179 7 483 s 16,000 s 37,000 55 189 s 92 189 S115672