BACKGROUNDS&S Air, Inc. was founded $10$ years ago. The company has manufactured and sold light airplanes over this period, and the company's products have received high reviews for safety and reliability. The company has a niche market in that it sells primarily to individuals who own and fly their own airplanes. The company has two models; the Birdie, which sells for $$103,000,$ and the Eagle, which sells for $$178,000.$ Although the company manufactures aircraft, its operations are different from commercial aircraft companies. S&S Air builds aircraft to order. By using prefabricated parts, the company can complete the manufacture of an airplane in only $5$ weeks. The company also receives a deposit on each order, as well as another partial payment before the order is complete. In contrast, a commercial airplane may take $1$ h to $2$ years to complete once the order is placed.Ratios to Include in AnalysisShort Term Liquidity Ratios Asset Management Financial Leverage Ratios Profitability RatiosCurrent Ratio Total asset turnover Debt Ratio Gross MarginQuick Ratio Inventory Turnover Equity Ratio EBIT MarginDays Sales in Inventory Debt$/$Equity Ratio Profit MarginReceivables Turnover Equity Multiplier ROADays Sales Outstanding Times Interest Earned ROE Cash Coverage Dividend Payout RatioANALYSIS REQUIREMENTS$1.$ PREPARE THE FINANCIAL SCHEDULES. Round to whole number for indices and bps$.$ Use $1$ decimal place for $\%$ calculations, use $2$ decimal places for other ratios.A$.$ INCOME STATEMENT SCHEDULE: $(3$pts$)1.$ Year over Year growth $\%\text{'}$s for each income statement item as applicable.