a. In your analytical review of Pinnacle Manufacturing Company, perf the following ratio and trend analysis. Based on this analysis, summarize your general observations about Pinnacle's business (Step 2 of the planning process financial condition, going concern, stability), including your assessment of the client's business risk (Step 3 of the planning process - general financial likelihood of meeting its (specifically unknown) goals). Account Name % Change 2020-2021 % Change 2019-2020 Net Sales 1.45% Cost of Goods Sold 2.85% Operating Expenses -2.51% Income from Operations 1.87% Net Receivables 51.30% Inventory 26.23% Accounts Payable 37.09% Long-term Debt 9.30% Ratio Current Ratio Debt-to-Equity Acct. Rec. Turnover Inventory Turnover Gross Margin Percent 2.70% 4.18% 2.40% -23.10% 8.61% 1.05% 24.71% -0.17% 2021 2020 2019 1.748 1.934 2.186 0.905 0.739 0.708 13.917 17.949 18.231 3.783 4.183 4.036 0.275 0.285 0.295 b. Based on your analysis in a, which areas (or accounts) of the audit do you believe deserve special focus. Why? What are your specific concerns? c. In addition to the analysis in a, you also constructed the following common-size income statement. Using this statement as a basis, indicate which accounts may need further examination and the reason or reasons that justify your position.