The chief accountant for Ahmad Co$.$ provides you with the company's most recent income statement and comparative statements of financial position below. $(5$ marks$)$

$\backslash$table$[[$Sales revenue,,$760,500],[$Cost of goods sold,$225,000,],[$Operating expenses,$166,500,],[$Depreciation expense,$13,500,],[$loss on disposal of equipment,$4,500,],[$Interest expense,$63,000,472,500],[$Income before income tax,,$288,000],[$Income tax expense,,$70,500],[$Net Income,,$217,500]]$

$\backslash$table$[[,$Dec$\mathrm{.}31\mathrm{.}2021,$Dec$\mathrm{.}31\mathrm{.}2020],[$Assets$,,],[$Current assets,,$],[$Cash$,82,500,49,500],[$Accounts receivable,$30,000,45,000],[$Inventory$,22,500,15,000],[$Prepaid expenses,$7,500,1,500],[$property$,$ plant and equipment,$-,-],[$Land$,195,000,30,000],[$Building$,240,000,60,000],[$Accumulated depreciation $-$ Building,$(16,500),(7,500)$