Part B (5 Marks) Below is a summary of statement of financial position at 31 December 2014 of Omega Ltd, a company registered in terms of the Companies Act of 2008. Non-current assets Current assets 125 000 35 000 160 000 Total assets Equity 95 000 Non-current liabilities 55 000 Current liabilities 10 000 Total equity and liabilities 160 000 *Included in current assets is a bank balance of R25 000. The financial director has indicated that these balances are indicative of the fair values of the respective assets and liabilities. Required Based on the above information only, comment on whether Omega Ltd is in a position to declare an ordinary dividend of R5 000 in compliance with the Companies Act of 2008. Substantiate your answer (10 Marks)