The following information comes from the accounting records of Clabber Ltd. for the first three years of its existence:

Required 

a. Based on the above information, analyze and comment on the changes in the company’s profitability and liquidity, in addition to the management of accounts receivable and inventory from 2022 to 2024.
b. Based on the above information, analyze and comment on the company’s use of leverage from 2022 to 2024.

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Statement of Financial Position Assets Cash Accounts receivable Inventory Capital assets (net) Other assets 2022 2023 $ 27,000 $ 24,300 81,000 72,900 132,000 160,000 516,000 540,000 278,400 250,500 $1,034,400 $1,047,700 2024 $ 40,500 170,100 277,200 619,200 306,000 $1,413,000