Required: a- Prepare multiple-step income statement and classified balance sheet of the company as of Dec.31, 2022. b- Compute the followings: (1) current ratio, (2) quick ratio, (3) receivable turnover, (4) collection period, (5) inventory turnover 6 ) days' of inventory on hand, (7) debt ratio, (8) debt-to-equity ratio (9) gross profit ratio c- You determine that the following ratios are typical of companies in MAN Corp.'s industry. Evaluate the situation of the company by comparing with industry average. Required: a- Prepare multiple-step income statement and classified balance sheet of the company as of Dec.31, 2022. b- Compute the followings: (1) current ratio, (2) quick ratio, (3) receivable turnover, (4) collection period, (5) inventory turnover 6 ) days' of inventory on hand, (7) debt ratio, (8) debt-to-equity ratio (9) gross profit ratio c- You determine that the following ratios are typical of companies in MAN Corp.'s industry. Evaluate the situation of the company by comparing with industry average