Freddy is the owner of a company that manufactures soccer-gear prod-ucts. The accounts information for 2019 is as follows: gross profit is $260,000,near-cash is $1,640, the amount of accounts payable is $10,000. Unfinished andunsold products are worth $60,000, accumulated depreciation is 15% of total grossfixed assets. There is an outstanding 15-Year loan of $55,000, common stock atpar is $77,700 and retained earnings at the end of the year are $165,730. Fixedcash operating expenses, variable operating expenses and depreciation are $21,000,$16,000 and $15,000 respectively. Additionally, regarding stock, the paid in capi-tal in excess of par is $0.15 per common stock. The number of common stock is74,000. On the other hand, the cost of goods sold is $100,000. The preferred stockdividend rate is 2% for a face-value stock value of $140,000. A 3-months term bankloan of $4,110 is going to be paid off next month. Lands, buildings and equipmentwere valued $400,000. Interest expenses are $1,000 and the tax rate is 21%. Thecompany has some assets as stocks and a 1-year-maturity bond worth $51,000 intotal. Finally, the amount of money that customers currently owe to the company for goods that were purchased on 3-months credit is $11,000.(a) Construct the income statement for this company at the end of the year 2019.(b) Construct the balance-sheet statement for this company at the end of the year2019.(c) Calculate ROA and the quick ratio.