You are a financial analyst for Whites XYZ Corporation, and the management has tasked you with conducting a financial analysis and developing a comprehensive financial plan for the upcoming fiscal year. Below are some key financial data for the current year: Net Income: $$2,500,000$ Total Assets: $$10,000,000$ Total Liabilities: $$4,000,000$ Total Equity: $$6,000,000$ Earnings Before Interest and Taxes $($EBIT$)$: $$3,200,000$ Interest Expense: $$400,000$ Dividends Paid: $$600,000$ Tax Rate: $30\%$You are asked to:$1.$ Calculate the following financial ratios: Return on Assets $($ROA$)$ Return on Equity $($ROE$)$ Debt$-$to$-$Equity Ratio Earnings Per Share $($EPS$)2.$ Analyze the company's liquidity, solvency, and profitability based on the calculated ratios$\mathrm{.}3.$ Develop a financial plan for the next fiscal year, considering potential strategies to improve financial performance. Provide recommendations on areas that require attention, such as cost$-$cutting measures, revenue enhancement, or changes in financing structure.