December 31, 2022 December 31, 2021 $ Cash at bank 9,000 10,000 Owner's withdrawal for personal use 32,000 49,000 Land 225,000 195,000 Interest payable 11,000 10,000 Land mortgage 125,000 130,000 Inventory (Stocker cattle) 40,000 30,000 Inventory (Grain in storage) 15,000 25,000 Machinery 70,000 80,000 Accumulated depreciation-Machinery 10,000 0 Prepaid rent 10,000 1,000 Salaries and wages payable 25,000 0 Account payable 40,000 50,000 Capital 180,000 180,000 Net income 10,000 20,000 a) Use the information above to Prepare the Balance Sheet for Cowboy Bob Enterprises as at 31" December, 2021 and 2022 in the correct format, and perform a comparative analysis using horizontal analysis. b) Based on your comparative analysis, highlight the overall financial Cowboy Bob Enterprise. c) Using the Balance Sheet for Cowboy Bob as at December 31 2021 and 2022, i. Calculate the current ratio in 2021 and 2022. Interpret your results in (i) and highlight if there was a significant change in the current ratio in 2022 compared to 2021.