The following information is available from Gum Ltd's statement of financial position as at 30 June 2022: 2022 2021 S S Cash 24,000 28,000 Bank Bills 20,000 20,000 Accounts Receivable 76,000 54,000 Allowance for doubtful debts (6,000) (4,000) Inventory 140,400 157,200 Prepayments 38,000 26,000 Equipment 420,000 200,000 Accumulated depreciation - equipment (82,000) (40,000) Vehicles 220,000 170,000 Accumulated depreciation - vehicles (67,000) (68,000) Land 380,000 380,000 Deferred tax asset 28,000 25,600 Total Assets $1,191,400 $948,800 Accounts payable 96,000 88,000 Provision for employee benefits 42,000 30,000 Other payables 43,000 46,000 Interest payable 40,000 44,000 Dividend payable 24,000 30,000 Current tax liability 42,000 48,400