Hammond Manufacturing Inc. was legally incorporated on January $2,2020.$ Its articles of incorporation granted it the right to issue an unlimited number of common shares and $100,000$ shares of $$14\mathrm{.}0$ non$-$cumulative preferred shares. The following transactions are among those that occurred during the first three years of operations: $2020$ Jan. $12$ Issued $40,300$ common shares at $$4\mathrm{.}4$ each. $20$ Issued $6,000$ common shares to promoters who provided legal services that helped to establish the company. These services had a fair value of $$32,000.31$ Issued $76,000$ common shares in exchange for land, building, and equipment, which have fair market values of $$356,000,$ $$476,000,$ and $$44,000,$ respectively. Mar. $4$ Purchased equipment at a cost ofAnalysis Component:

Determine the net assets of Hammond Manufacturing Inc. for $2020,2021,$ and $2022.$ Is the trend favourable or unfavourable?