The following table summarizes some of the key financial data for MYBIZ Company ended 31 December 2018. RM Gross profit 47,000 Sales 190,000 Variable operating expenses Fixed operating expenses Depreciation 19,000 20,000 4,500 Interest expense 3,000 35% Tax rate Dividends payout ratio Total Assets 20% Total Fixed Assets 112,500 62,000 27,500 Total current liabilities Owner's equity 56,250 (f) (9) Calculate and conclude the company's ability to cover it's short term debt. [4 marks] Quantify the long term debt. [3 marks] The company bought a new machine on the 1 January 2015 as detailed below. (h) RM19,000 RM1,000 Purchase Price Salvage value Depreciable life Incidental costs 5 years RM2,000 (1) How much depreciation value for the machine will be charged in the income statement ended 31 December 2015 using the double declining balance method? (3.5 marks) What would be the net book value of the machine on 31 December 2015 using the double declining balance method? (1.5 marks]