plz answer in detail

Ms. Smith, owner of Smith Dental Supply Company, and has been in business for one year. She applied for a $150,000 loan from her bank. The remaining request for the loan after the $100,000 for new equipment is to pay off some of her expenses and bills. The bank requested financial statements for her shop as a basis for considering her loan request. She is getting frustrated with the amount of reports she needs to send to the bank. She is now considering to forgo the loan and get the funding through selling stock. Is this a viable option for Ms. Smith? Consider all the items discussed in the past chapters when discussing this option. How can she finance her business with selling more stock that will equal the $150,000 ? When discussing this scenario, think about some of the following: - What are the pros and cons of offering stock to finance a business? - Who will purchase the stock as she is too small to be on a stock exchange. - If she is successful in selling stock to finance her business, how will this affect her balance sheet, income statement, statement of stockholders' equity, and statement of cash flows. - What will the new investors be looking for by investing in her company? Remember, I do not want you to list the items and respond. I want you to use your knowledge from prior chapters in assessing this option. It is okay to agree or disagree with her current plan; just support your stance. There is no correct or incorrect response