As an analyst for First National Bank, it is your job to write recommendations to thebank's loan committee. Curry Company has submitted these summary data at the top of page 29 tosupport Curry's request for a \(\$ 100,000\) loan.RequiredAnalyze these financial statement data to decide whether the bank should lend \(\$ 100,000\) to CurryCompany. Write a one-paragraph recommendation to the loan committee.

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Income Statement Data: 19X5 19X4 19X3 Total revenues. $850,000 $770,000 $720,000 Total expenses. 640,000 570,000 $40,000 Net income..... $210,000 $200,000 $180,000 Selected Statement of Retained Earnings Data: 19X5 19X4 19X3 Dividends............. _ 160,000 140,000 120,000 Balance Sheet Data: 19X5 19X4 19X3 Total assets... $740,000 $670,000 $590,000 Total liabilities. $240,000 $220,000 $200,000 Total stockholders' equity. 500,000 450,000 390,000 Total liabilities and stockholders' equity $740,000 $670,000 $590,000