step by step with proper answer please assume it as 10 mark question

The financials of a company is given below. Using Altman's Z score comment on the solvency of the company. Equities and Liabilities Rs/Crs Share Capital 300 Reserve and Surplus 1200 Non-Current Liabilities 800 Current Liabilities 500 Total 2800 Assets INon Current Assets 2100 Current Assets 700 Total 2800 Statement of Profit and Loss Revenue 3500 2100 Expenses 1400 EBIT 60 No of equity Shares 17 Market price per share (Rs)