You have been provided the following two statements, Statement of Financial Position (SOFP) and Statement of Comprehensive Income (SOCI) of SHL for the year ending 31 March 2022 and additional information that have been prepared by a temporary Accounts trainee, Rose. The financial statements are as follows: Smart Homes Ltd (SHL) Statement of Financial Position as of 31 March 2022 As of 31 December, Assets Non-Current Assets (See (i) below) Accounts receivables Cash in the bank Inventory Other current assets Total assets Liabilities Long term loan ($000) 16,000 9,530 3,450 8,400 3,910 41,290 9,300 Accounts Payable 9,200 Accrued Salaries 1,950 Other current liabilities 3,380 Total liabilities 23,830 Net assets 17,460 Shareholders' equity Contributed Equity 12,500 Reserves 1,550 Retained earnings 3,410 Total shareholders' equity 17,460