XYZ Corporation operates in the retail sector and presents the following financial information for the fiscal year:

• Item	Amount
  Cash and Cash Equivalents	$150,000
  Accounts Receivable	$100,000
  Inventory	$200,000
  Property, Plant, and Equipment	$1,000,000
  Total Liabilities	$600,000
  Common Stock	$300,000
  Retained Earnings	$400,000
  Net Income	$250,000

  Utilizing the provided financial data, complete the following tasks:

  • Prepare the balance sheet for XYZ Corporation.
  • Calculate the total assets and shareholders' equity.
  • Analyze the composition of the assets and liabilities.
  • Determine the book value of the common stock.
  • Assess the financial health and solvency of XYZ Corporation.