Part B: Calculation Exercice QUESTION 01-25 MARKS Consider the following balance sheet, for Moziah business. will his company be able to pay cash to buy an asset with a cost of $400,000 knowing they have $1,600,000 in retained earnings? If not, how will they be able to buy those assets? 00 Cash $ 100,000 Accounts payable $ 200,000 Inventory 400,000 Accruals 200,000 Accounts receivable 500,000 Total CL $ 400,000 Total CA $1,000,000 Debt 400,000 Net fixed assets $,1800,000 Common stock 400,000 Retained earnings 1,600,000 Total assets $2,800,000 Total L & E $2,800,000