Question#5 Marker Inc. has the following cash balances JP Morgan Chase First National Bank Bank of America $151,000.00 $11,40 $25,100.00 $6,500.00 ti Commercial Required: Prepare the current assets and current liabilities section of Marker's year 1 balance sheet, assuming Marker reports under U.S. GAAP Prepare the current assets and current liabilities section of Marker's year 1 balance sheet, assuming Marker reports under IFRS. I. (6 points) Il. (6 points) II. Clearly explain why Marker's current assets, and current liabilities would differ in you answers to part 1 and part II above: by how much would current liabilities differ under IFRS? (4 points)