i need help on #3

thank you in advance

1) Using the data below, conduct a trend analysis on their balance sheet. How would you evaluate the results? (Points: 15) 20X1 20X2 20X3 Total Current Assets $ 16,403 $ 17,800 $ 20,100 Total Assets 773,253 763,150 750,650 Total Current Liabilities 59,820 45,500 38,600 Total Liabilities 265,988 190,500 180,900 Total Equity 507,265 572,650 569,750 20X1 20X2 20X3 Amount Trend (%) Amount Trend (%) Amount Trend (%) Total Current Assets 16,403 100% 17,800 108.52% 20,100 112.92% Total Assets 773,253 100% 763,150 98.69% 750,650 98.36% Total Current Liabilities 59,820 100% 45,500 76.06% 38,600 84.84% Total Liabilities 265,988 100% 190,500 71.62% 180,900 94.96% Total Equity 507,265 100% 572,650 112.89% 569,750 99.49% 20X4 $ 18,600 768,200 28,500 240,000 528,200 20X4 Amount Trend (%) 18,600 92.54% 768,200 102.34% 28,500 73.83% 240,000 132.67% 528,200 92.71% 2) Using the data in exercise (1) above, analyze the liquidity of the Farmers' business in 20X3 and 20X4. Include an interpretation of your ratio calculations. (Points: 15) 2 3) Using the data in exercise (1) above, analyze the solvency of the Farmers' business in 20X3 and 20X4. Include an interpretation of your ratio calculations. (Points: 15)