A B E F G H. K C D The following information is available for Lenning Company for the year ended 123920: 530,000 190,000 340,000 Sales revenue Cost of goods sold Gross margin Depreciation expense Salaries expense Advertising expense Other expense Interest expense Income tax expense Net Income 23,000 154,000 21,000 48,000 5,700 73,000 324,700 15.300 Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Total 12/31/19 30,000 93,750 155,625 159,375 (11.250) 427.500 67,500 88,125 157,500 153,750 (13.125) 453.750 Accounts Payable Income Taxes Payable Interest Payable Notes Payable, long term Accrued Pension Liability Deferred Tax Liability Common Stock, no par Retained Earnings Total 67,500 73,750 3,750 56,250 7,500 14,250 131,250 73,250 427.500 81,250 70,000 1,875 56,250 7,750 18,750 131,250 86,625 453.750 a. Evaluate Lenning's profitability. b. Evaluate Lenning's liquidity. c. Evaluate Lenning's solvency. d. How would you assess Lenning's overall financial outlook