You are a commercial loans officer at a major bank. It is January $1,2024.$ Halloween Candy Shop, located in Regina, has approached you with a request for a loan. The company manager brought in a balance sheet and a listing of income statement account balances. The company's year$-$end is December $31.$

Time left $0$:$28$:$22$

Prepare a report for your manager with the following :

a$.$ Complete an income statement in proper format.

b$.$ Is this a low or high risk loan?

c$.$ Provide financial analysis on the balance sheet $($ratios$)$

d$.$ Discuss any non$-$financial factors you may think are important.

e$.$ Recommend whether to provide the loan and why?

Halloween Candy Shop

Balance Sheet

As of December $31,2024$

ASSETS

Cash

Accounts receivable

Inventory

Total Current Assets

Store furnishings

Accumulated depreciation

LIABILITIES AND EQUITY

$\backslash$table$[[$$$128,228,$Accounts payable,$$106,080$