Answers for Q3 - Part A (continued) US$ Rate A$ Cash at Bank 59 300 Trade and other Receivables 55 200 Inventory 35 000 Land 45 000 Plant & Equipment 100 000 Accumulated Depreciation (35 000) Total Assets 259 500 Trade and other payables 28 000 Current Tax Liability 8 100 Bank Loan 40 000 Total Liabilities 76 100 Net Assets 183 400 Share Capital 120 000 Retained Earnings 53 400 Asset Revaluation Reserve 10 000 Total Equity 183 400