You are a loan officer and need to evaluate and recommend the approval of commercial, real estate, or credit loans. Your first training exercise is to evaluate a hypothetical loan application from a major corporation. The first step is to pursue the financial statements of a chosen company, looking for trends in debt financing, and in risk and profitability ratios for recent years. You are to use Macys incorporated for this assignment. Required: Go to Macys Incorporated website www$.$macys.com to the investor relations section and access the companys $10-$K filing for the year ending February $1,2020$ then search and scroll for the financial statements and related notes. $1.$ What is the total debt $($including current liabilities and deferred taxes$)$ reported in the balance sheet in the most recent two years? $2.$ Compare the total liabilities $($including current liabilities and deferred taxes$)$ with the shareholders equity and calculate the debt to equity ratio for the most recent two years. $3.$ & $4.$ Does Macys obtain more financing through notes, bonds, or commercial paper? Are required debt payments increasing, decreasing, or exhibiting no discernible pattern over the next five years?