Orca is a New Zealand company that makes sports apparel. The company operates with a chain of retail shops around eight locations in New Zealand and a head office in Auckland. During the current year, one shop was closed and the product range of the remaining seven shops was extended to include accessories and footwear of closed shop. Your firm has been the auditor of Orca for some years and planning the audit work for the current year. The following information is provided.

Summary statement of profit or loss

	2019 ($000)	2018 ($000)
Revenue	14,303	9,888
Cost of Sales	(11,298)	(6,522)
Gross profit	3,005	3,366

Summary statement of financial position

	2019 ($000)	2018 ($000)
Non-current assets	4,898	4,578
Current assets	3,055	1,972
Trade payables	1,734	1,256
Other payables	805	700

Required: Use analytical procedures to assess any issues relating to the clients financial statements that require further investigation (Show calculations to support your answer). (15 marks)