Using Altmans's Z-score model, what can you say about the following company?

Working capital / Total Assets	2.2%
Retained earnings / Total Assets	45%
EBIT / Total Assets	18.6%
MV Equity / BV Equity	2.5
Sales / Total Assets	.24

A. With a Z-score of 3.01, this company is likely to remain solvent

B. With a Z-score of 3.01, this company is not likely to remain solvent

C. This company's likelihood of solvency is unclear. It is in the "grey area"

D. With a Z-score of 1.23, this company is likely to remain solvent

E. With a Z-score of 1.23, this company is not likely to remain solvent

Please show your work.