a) Based on the information below, prepared a financial position of company ABC Sdn Bhd. as at 31.12.2019.

Items	RM
Inventories	600,000
Retained earnings	270,000
Long-term loan	60,000
Tax payables	180,000
Trade receivables	780,000
Share capital	240,000
Overdraft	400,000
Furniture & Fittings	270,000
Trade payables	420,000
Other payables	80,000

(20 marks)

b) You are required to calculate and comments on the following:

(i) Non-current asset (2 marks)

(ii) Current asset (2 marks)

(iii) Current liabilities (2 marks)

(iv) Non-current liabilities (2 marks)

(v) Equity (2 marks)

(vi) Working capital (2 marks)