answer the question using these formulas please

Q1. Green Ray Inc. has a Total Assets of $95,000 and Current Assets of $7,250 in its Balance Sheet. Liabilities contains a short- term debt of $2,500. Book value of the equity is $21,500. As for the Income Statement, it had a revenue of $83,000 in last year and this revenue has increased by 17% in current year. Operating Expenses and Cost of Goods Sold are $63,800 and $22,750, respectively. If the current share price is $19.7 and shares outstanding is 7,500, evaluate the bankruptcy of the company as per Z score of Altman's model. Show your steps in your solution. 2 Score CDS E PD(1-RR) PDS cose pit (l-eel 28 DID ! 2 mic CASTL TAT + 1.2 + TA ERE 0.99_lai sols + T.A D. 2 6.7 181 2.99 T.A 0.6 mviel / sz + + X mPaso OVLL) T. A NETSALTS FOOD das =0.15 T.A-7 ore OPEX - 66 - Co6s-2500 CA-5000 ERE_16800 PM=21 S.O.=503 ccos STL= ibon BE(E)= 19900 3 Miafo 200*(1+0,15)'_92000 ERIT = 9200 - [6903725100) ovos NWC= CA-STL - 5ona - 160=3400 MVCE)= Pmx52-21x50mm2 10509 BULLI = TA-OV(E)= 7500-19000=5623 = =