The balance sheets of Antipodean Enterprises at the end of two consecutive financial years, were: 31 December

The balance sheets of Antipodean Enterprises at the end of two consecutive financial years, were:

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31 December 19_2 Balance Sheets as at 2 31 December 19_3 $ $ $ $ Fixed assets as written down value 38 000 Premises 37 000 17 600 Equipment 45 800 4 080 59 680 Cars 18 930 101 730 17.000 Investments (long term) 25 000 Current Assets 27 500 Stocks 19 670 14 410 3.600 1 800 Debtors and prepayments 11 960 Short-term investments Cash and bank balances 4 800 700 47 310 37 130 Current Liabilities- 20 950 Creditors and accruals 32 050 Bank overdraft 28 200 20950 26 360 Working Capital $103 040 Net Assets Employed 60 250 (23 120) $103 610