b. Use DuPont Model to interpret and analyze the following financial statement. Calculate (5 marks) and discus showing your own judgement. Support your judgment by quantitative measures (15 marks) Cash Accounts Receivable Inventory Total Current Assets Net Property, plant, and Equip Other Assets Total Assets Accounts Payable Notes Payable-Short term Payable and sales Tax Payable State income taxes payable Total Current Liabilities Notes Payable-long term Total Liabilities 31" of Dec. 2020 $3,450,000 $1,645,827 $1,153,515 $6,249,342 S 214,119 $ 188,482 $6,651,943 $ 259,663 $ 440,318 S 85,374 S 711 $ 786,066 $1,129,228 $1,915,294 Stockholders equity $4,736,649 Total Liabilities and Stockholders Equity $6,651,943 Sales $36,957,183 Cost of sales $31,552,817 $5,404,366 $2,459,287 Gross profit Selling, and general expenses Income from Operations Interest expense Income befor Taxes Income Tax Net Income $2,945,079 S 142,608 $ 2,802,471 $1,120,988 $ 1,681,483