Q2 The following information has been extracted from the draft financial statements of Snowdrop, a limited liability company. SNOWDROP STATEMENTS OF FINANCIAL POSITION AS AT 31 MAY 2019 2020 GHc'000 GHc'000 GHc'000 GHc'000 Non-current assets 4,600 2,700 Current assets Inventory 580 500 Trade receivables 360 230 Bank 170 940 900 Total assets 5,540 3.600 Equity and liabilities Equity Ordinary share capital Capital Surplus Retained earnings Non-current liabilities 10% Loan note (redeemable 31 May 20X5) Current liabilities Trade payables Taxation Bank overdraft 3.500 2.370 300 150 1,052 470 4,852 2.990 0 100 450 365 180 145 58 0 688 510 3600