E12.6 Prepare horizontal and vertical analyses. LOZ, 3 The statement of financial position for Jai's Jeans Lid is presented below. JAIS JEANS LID Partial statement of financial position as at 30 June 2020 ASSETS 2020 2019 Current assets $27 000 536 000 Property, plant and equipment (net) 951 000 362 000 Intangibles 56 000 52 000 Total assets 51 034 000 $950 000 LIABILITIES AND EQUITY Current hiabilities 545 000 350 000 Non-current habilities 320 000 311 000 Equity 669 000 Total liabilities and equity 51 034 000 $950 000 Required a Prepare a horizontal analysis of the statement of financial position data for Jai's Jeans Lod using 2019 as a base. b. Prepare a vertical analysis for Jai's Jeans Lod for 2020 and 2019. c. If you were deciding whether to invest in this business, which analysis would you find more useful? Provide reasons for your