(10 marks) Use the current asset section of the balance sheets of the Waverley Company as of June 30, 2017 and 2016 presented below to answer the questions that follow 2017 2016 Cash and cash equivalents R 75,000 R 58,800 Trade accounts receivable, net 193,200 157,500 208,200 Inventory 253,400 Other current assets 18.400 15,500 Total current assets R_459.100 R 520.900 Total assets R2.650.000 R3,430.000 Required: Complete a honzontal analysis of the current asset section of Waverley Company's balance sheet for [TURN OVER] g trans ses 3. 51 MDP135W JANUARY FEBRUARY 2020 2017 Your answers for "% Change" should be rounded to one decimal place, eg. 10 3% Provide a short evaluation of this analysis 7