E12.7 Prepare horizontal and vertical analyses. LO2, 3 The statement of financial position for Bondi Ltd is presented below. BONDI LTD Statement of financial position as at 30 June 2020 2019 2020 ASSETS Current assets $ 88 000 $ 80 000 Property, plant and equipment (net) 81 000 90000 Intangibles 31 000 40 000 $200 000 $210 000 Total assets LIABILITIES AND EQUITY 52000 $48000 Current liabilities Non-current liabilities 135 000 150 000 Equity 13 000 12 000 Total liabilities and equity $200 000 $210 000 Required a. Prepare a horizontal analysis of the statement of financial position data for Bondi Ltd using 2019 as a base. Show the amount of increase or decrease as well. b. Prepare a vertical analysis for Bondi Ltd for 2019 and 2020