ABC company has applied for a loan and provided the following balance sheet information. All figures are in thousands. Assets Liabilities and Equity Cash $100 Accounts payable $ 150 Accounts receivable 450 Notes payable 450 Inventory 450 Accrued Taxes 150 Long-term bonds 750 Plant and machinery 2500 Equity 2000 Total $3500 Total $3500 Other Data: Sales = $2,500; Cost of goods sold = $1,800; Retained earnings = 110 The market value of equity = its book value. A. Calculate Altman Z-score for this firm? B. Based on the Z-score, should the bank approve ABC's application for the loan? Why or Why not? C. What are the main advantages and disadvantages of this approach to risk evaluation