MNO Inc., a publicly traded manufacturing firm in the United States, has provided the following financial information in its application for a loan. All numbers are in thousands of dollars $(15$ marks$).$ Assets Liabilities and Equity Cash $ $20$ Accounts payable $ $30$ Accounts receivables $90$ Notes payable $40$ Inventory $90$ Accruals $30$ Long$-$term debt $150$ Plant and equipment $500$ Equity $($ret$.$ earnings $=$ $$300)450$ Total assets $$700$ Total liabilities and equity $$700$ Also assume sales $=$ $$500,000$; cost of goods sold $=$ $$360,000$; and the market value of equity is equal to the book value. a$.$ What is the Altman discriminant function value for MNO Inc.? All numbers are in $$000$s$.$ b$.$ Based on the Altman$$s Z score only, should you approve MNO Inc.$\text{'}$s application to your bank for a $$500,000$ capital expansion loan?