Question 4 Following information relate to Eagle Ltd for the financial year ended (12 marks) 2017 Eagle Ltd Statement of Financial position As at 30 June 2017 2017 2016 Assets Cash at bank Accounts receivable Inventory Prepaid insurance Interest receivable Investments 42,100 50,000 104,00086,000 100,000 104,000 10,000 6,000 200 40,000 400,000 -100,000 300 20,000 360,000 Plant and equipment Loss: Accumulated depreciation Total assets -90,000 592,300540,300 Liabilities Accounts payable 76,000 12,000 4,000 64,000 8,000 6,000 Provision for employee benefits Other expenses payable Equit Share capital Retained earnings Total liabilities and equity 400,000400,000 100,300 592,300 62,300 540,300