Q3. A) From the following Balance sheet of Garry & Co. Ltd., Liabilities 2014 2015 Assets 2014 2015 Capital 180,000 185,000 Cash in hand 4,000 9,000 Profit and Loss A/c 14,500 24,500 Sundry Debtors 16,500 19,500 Sundry Creditors 9,000 5,000 Stock 9,000 7,000 Long Term Loans 5,000 Machinery 124,000 134,000 Building 50,000 50,000 203,500 219,500 203,500 219,500 Required: Prepare a schedule of Changes in Working Capital and Statement of Sources and Application of Funds.(6+3 Marks) B) Cinderella runs a mail-order business for gym equipment. Annual demand for the Equipment is 16,000. The annual holding cost per unit is $2.50 and the cost to place an order is $50. Required: What is the economic order quantity? (3.5 marks)