A company has the following financial data: Current asset $=$$$700,000,$ Current

Liabilities $=$$$200,000,$ Total Assets $=$$$2,000,000,$ Retained Earnings $=$$$300,000,$

Earnings Before Interest and Taxes $($EBIT$)=$$$300,000,$ Market Value of Equity $=$

$$1,500,000,$ Total Liabilities $=$$$1,000,000,$ and Sales $=$$$7,000,000.$

a$)$ Calculate the company's Altman Z$-$score using the original model for

public manufacturing companies?

b$)$ Discuss your results $($likelihood of bankruptcy$)?$