GM Financial Information (year-end 2004)
Current assets		$	55,519,000
Current liabilities		$	74,892,000
Retained earnings		$	14,427,000
Total assets		$	482,028,000
Total liabilities		$	451,877,000
Shares outstanding			565,100,217
Share price		$	29.29
Sales		$	193,519,000
EBIT		$	1,191,000
All values in thousands except share price and shares outstanding.

1. Compute the Z score for General Motors Corporation given the information above for year-end 2004. Round your answer to four decimal places.

2. At what share price would GM have a Z score equal to 3.00? Round your answer to the nearest cent. $

3. Based on its Z score, is GM likely to go bankrupt in the near future? Yes or no?