The following are the summarised accounts for Manson Co, a company with an accounting year ending on 30 September: Summarised statements of financial position ASSETS Non-current assets Current assets: Inventories Receivables Cash at bank EQUITY & LIABILITIES Equity: 25 cent ordinary shares Retained earnings 40,080 Non-current liabilities 10% debentures 20Y6/20Y9 19,840 Current liabilities Trade payables Taxation Total equity and liabilities 20X6 $000 $000 4,995 40,145 40,210 12,092 92,447 112,315 32,604 4,258 97,442 112,315 9,920 30,820 50,000 19,840 36,862 42,475 97,442 20X7 $000 $000 12,700 50,455 43,370 5,790 -40,740 37,230 5,245 9,920