Part C-30 pts Develop a recommendation and submit a summary of your analysis and conclusions/recommendation to the D2L Assignment folder named, "Milavec Part C." Produce a summary report of your conclusions about Milavec, including the recommendation you would make for your chosen point of view. (For example, if you are using the Investor POV you would recommend "yes, invest" or "no, do not invest.") Name and describe the analytical tools you used (at least three) and show how they support your conclusion or recommendation. Be sure to include a description of your analysis in addition to the computational work. Produce a professional report including 2 components: 1. A visual summary that presents your conclusions and provides easy-to-understand analytics to support your conclusion. Imagine that you will use this summary as a visual aid in presenting your findings to company executives. 2. A written report to provide the supporting calculations/computations and descriptions of your analysis. Imagine that this is the "script" for your presentation to the company executives. Assets MILAVEC COMPANY Balance Sheets As of December 31 Year 4 Year 3 Cash $ 20,000 $ 17,000 Marketable securities 20,000 22,000 Notes receivable 4,000 3,000 Accounts receivable 50,000 56,000 Merchandise inventory 70,000 43,000 Prepaid expenses 4,000 4,000 Property, plant, and equipment (net) 340,000 310,000 Total assets $508,000 $455,000 Liabilities and Stockholders' Equity Accounts payable English (United States) $ 40,000 $ 38,000 Focus Prepaid expenses Property, plant, and equipment (net) Total assets Liabilities and Stockholders' Equity 4,000 4,000 340,000 310,000 $508,000 $455,000 Accounts payable Salaries payable $ 40,000 $ 38,000 2,000 3,000 Taxes payable Bonds payable, 8% 4,000 2,000 100,000 100,000 Preferred stock, 6%, $100 par, cumulative 50,000 50,000 Common stock, $10 par 150,000 125,000 Retained earnings 162,000 137,000 Total liabilities and stockholders' equity $508,000 $455,000 View Buddies Window Help Milavec FSA Case-cgh Summer 2022-Saved to my Mac n Layout References Mailings Review View Tell me AA AaA EN1 ADA 46 ABCDE AaBbCcode AaBbCcDc AaBbCcDdEx AaBb AaBbCcode No Spacing Heading 1 Heading 2 Title Subtitle MILAVEC COMPANY Income Statements and Statements of Retained Earnings For the Years Ending December 31 Year 4 Year 3 Sales $900,000 $800,000 Cost of goods sold Beginning inventory 43,000 40,000 Purchases 637,000 483,000 Goods available for sale 680,000 523,000 Ending inventory 70,000 43,000 Cost of goods sold 610,000 480,000 Gross margin 290,000 320,000 Operating expenses 248,000 280,000 Income before taxes 42,000 40,000 K English (United States) Focus Abcde Normal No Spacing Heading 11 Heading 2 Title S Ending inventory 70,000 43,000 Cost of goods sold 610,000 480,000 Gross margin 290,000 320,000 Operating expenses 248,000 280,000 Income before taxes 42,000 40,000 Income taxes 17,000 18,000 Net income 25,000 22,000 Plus: Retained earnings, beginning balance 137,000 130,000 Less: Dividends 0 15,000 Retained earnings, ending balance $162,000 $137,000