A farm is dedicated to cattle raising and sells a liter of milk for $1.60. In 2020, it sold a total of 81,250 liters of milk to local supermarkets. Of these liters, 8,000 were sold at a discount (at $1 per liter) and 2,000 were returned due to problems associated with the product (expiration). In addition, the farm sold $12,000 worth of steers and calves and earned $6,500 in interest from an investment policy it maintains with the credit union. Create an income statement and then objectively analyze how your financial situation is in the short and long term. After performing the calculations write 2 lines with your answer. Use the Current Ratio, Working Capital, and Capital vs. Gross Income formulas to calculate the liquidity of the business. Likewise, the same will be done to calculate solvency, use the formulas asset debt, asset equity and liability/equity