During 2021, Barb Ryan, the sole shareholder in Sunshine Farms Pty Ltd, decides to invest in automotive manufacturing equipment to reduce direct labour costs. She decides to fund the investment of $140000 from retained profits. Financial data (assume average data for statement of financial position items) before and after the investment are shown below.

Required
(a) Calculate the following relationships based on the above data.

(b) Based on the single period results, will Barb be happy with the investment?

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Total assets Total liabilities Shareholders' equity Interest expense Profit before income tax Income tax expense (30%) Profit Before investment $799 210 409 400 389 810 14 000 328 000 98 400 $229 600 After investment $929310 378 950 550 360 18 000 336 500 100 950 $235 550