Prepare a financial analysis of this company and comment on its status and performance. Assets Owner's Equity Liabilities and Cash $ 1,000 A/P $90,000 A/R 6,500 LT Debt 100,000 Inventory 112,500 Total Debt 190,000 Prepaids 12,000 CS, par 2,000 Fixed Assets 200,000 PIC 20,000 Accum Depreciation (70,000) R/E 50,000 Total Assets $262,000 Total Equity 72,000 Sales COGS $650,000 320.000 Gross Profit 330,000 Operating Exp -220,000 Depreciation Exp -10,000 EBIT 100,000 Interest -20,000 EBT 80,000 Taxes -20,000 Net Income $60,000 Total Liabilities and Owners Equity $262,000