Hello chegg team, can i get answer for 3rd and 4th question in the above image?

US 200 Comprehensive Problem Part 2 Fall 2018 Part 2 Due December 5, 2018 Part 1-70% of total Comprehensive marks Part 2-30% of total Comprehensive marks Sunland Inc. reported the following information at the end of its 2017 fiscal year Sunland Inc. Statement of Financial Position As at April 30, 201 Assets 2017 2016 209,000 114,000 107,000 20,000 181,000 1,242,000 (358,000) Cash 153,000 97,000 254,000 12,000 87,000 1,148,000 (374,000) Accounts receivable Prepaid operating expenses Long term investments Equipment Less: Accumulated depreciation 1,515,000 1,377,000 Liabilities and Shareholders Equity Accounts payable Income tax Bonds payable Common shares 100,000 issued and outstanding Retained earnings 53,000 30,000 662,000 65,000 27,000 753,000 payable 325,000 254,000 445,000 278,000 1,515,000 1,377,000 Page 1 of 2 Sunland Inc Income Statement For the year ended April 30, 2017 Sales Cost of goods sold Gross profit Operating expenses Income from operations Interest expense Gain on sale of equipment Income before income tax Income tax expense Net income 1,115,000 685,000 430,000 223,000 207,000 4,200 3,500 206,300 19,610 S186,690 ADDITIONAL INFORMATION: Depreciation expense is included in operating expenses. All accounts payable transactions were related to the purchase of inventory. During the year, a piece of equipment that originally cost 553,200 was sold for cash. The equipment was 70% depreciated at the time of the sale. Long-term investments were purchased for cash during the year Required: 1 Prepare a statement of cash flows, in good form, for Sunland Corporation, using the direct 2. Prepare a statement of cash flows, in good form, for Sunland Corporation, using the indirect 3. Compute All of the Liquidity, Efficiency and Profitability ratios for Sunland and indicate for 4. An investor is interested in investing S500,000 in Sunland. As his accountant, preparea method. method. each ratio whether the ratio is favorable or not for Sunland short memo to the investor regarding the advisability of investing in Sunland. results from your ratio analysis to support your opinion. Use the Page 2 of 2