ASSETS Current assets Balance Sheet as of December 31, (in thousand USD) Cash and cash equivalents Trade receivables Inventories Total current assets 2018 2019 8,000 ? 25,000 ? ? ? ? ? Non-current assets Property, plant, & equipment Goodwill Intangible assets 130,000 120,000 30,000 30,000 ? 50,000 Total non-current assets 220,000 200,000 TOTAL ASSETS ? ? EQUITY AND LIABILITIES Current liabilities Trade and other payables 35,000 25,000 Short term borrowings ? 8,000 Current portion of long-term borrowings 15,000 15,000 Current tax payable Total current liabilities 5,000 65,000 2,000 50,000 Non-current liabilities Long term borrowings Total liabilities Equity Share capital Retained earnings Revaluation reserve Total equity TOTAL EQUITY AND LIABILITIES 35,000 50,000 100,000 100,000 100,000 100,000 ? 40,000 15,000 10,000 165,000 150,000 ? 250,000 Please use this balance sheet for the next six questions. 1. What were retained earnings at the end of 2018? [Select] 2. What were intangible assets at the end of 2018? [Select] 3. What were total equity and liabilities at the end of 2018? [Select] 4. What were total assets at the end of 2018? [Select] 5. What was the change in total assets between 2018 and 2019? (2018 total asset - 2019 total asset) [Select] 6. What was the change in short-term borrowing between 2018 and 2019? (2018 short-term borrowing - 2019 short-term borrowing) [Select]