can you make observations from the income statement and balance sheet please? thank you!!

Paper Packaging Company Income Statement For the Year Ended Paper Packaging Company Balance Sheet As of September 30 th for the Year ASSETS Year 25 Year 26 Year 27 Year 28 Current assets: LIABILITIES AND EQUITY Current liabilities: Total long-term liabilities Equity: There is a small component of independent work for this project. Each individual will review the Financial Statements and produce at least 3 simple observations about the company. For example, by looking at the Income Statement you can see that the company is operating profitably in year 27 . Your observations can be simple or complex, broad or detailed.) Describe your observations and submit them in a Word document to the Assignment folder named "FSA Individual Observations." Submit this to D2L by November 14,2022 While you are working on this, you should be trying to form a group