can you dra HOM U b. What conclusions five years. The company has had modest profits and has experienced few operating difficulties until this year, 2016, when president Alice Becknell discussed her company's working capital problems with you, a loan officer at Granite Bank. Becknell explained that expanding her firm has created difficulties in meeting obligations when they come due and in taking advantage of cash discounts offered by manufacturers for the timely payment of the company's accounts payable She would like to borrow $50,000 from Granite Bank. At your request, Becknell submits the fol- lowing financial data for the past two years: 4-3. Business Decision Problem Crescent Paints, Inc., a paint manufacturer, has been in business for 2016 2015 .. $2,000,000 $1,750,000 1,320,000 1,170,000 33,600 18,000 42,000 22,000 Total assets . . Accounts receivable (net) CRESCENT PAINTS, INC Balance Sheets Dec. 31, 2016 Dec. 31, 2015 Assets Cash $ 31,000 345,000 525,000 11,000 912.000 483,000 $50,000 250,000 425,000 6,000 Prepaid expenses.. 731,000 444,000 Total Assets $1,395,000 1,175,000 continuea)