Question 1 Common size statement of financial position Comparative figures from the statement of financial position for Border Ltd are shown below. 2020 2019 Current assets Cash at bank Accounts receivable Inventory $ 30000 52000 84000 166000 $ 25000 54000 86000 165 000 Non-current assets Term deposit Plant and equipment (net) 50 000 180000 230 000 396 000 40000 160000 200 000 365 000 Total assets Current liabilities Accounts payable Mortgage 48000 20000 68000 52 000 20000 72 000 Non-current liabilities Mortgage 120000 120000 188000 $208 000 100 000 100 000 172000 $193 000 Total liabilities Net assets Equity Share capital Retained earnings 100 000 108000 $208 000 100000 93 000 $193 000 Required (a) Prepare common size statements for the company for both years, and comment on what this analysis reveals about Border's financing policy. (LO3 and LO4j