After ten years, Paul decides that he does not want to continue the business. The company has incurred a substantial amount of debt, it owes the manufacturer of the products, a company called We Do It All, over $20,000.00; it owes the bank (Inventors Bank) about $28,000.00, and the company owes Sara, who has made the company many loans to stay afloat a total of $18,000.00.Paul thinks that bankruptcy might be the best solution. As an advisor to Paul, you must 

(1) Explain to him how to dissolve the business (what steps he must take); 

(2) Give him advice as to whether bankruptcy is a good solution for his company.