can someone please answer a, b. and c? need this in an hour, asap!!! thanks so much :((

61-90. ABC Corporation's balance sheet and income statement are listed below: Balance Sheet 2020 2021 Cash 50,000 40,000 Accounts receivable 80,000 60,000 Inventories 180,000 110,000 Plant & equipment 300,000 260,000 Less accumulated depreciation -40,000 -20,000 Total assets 570,000 450,000 Accounts payable 100,000 150,000 Accrued liabilities 70,000 50,000 Mortgage payable 80,000 Common stock 130,000 90,000 Retained earnings 190,000 160,000 Total liabilities and equity 570,000 450,000 Income Statement 2020 2021 Net Sales 680,000 600,000 Cost of goods sold 410,000 330,000 Gross profit 270,000 270,000 Operating expenses 190,000 192,000 Operating income 80,000 78,000 Interest expense 7,000 2,000 Profit before taxes 73,000 76,000 Taxes 22,000 22,800 Net income 51,000 53,200 a) Prepare a comparative balance sheet and interpret the result. (10 pts) b) Prepare a comparative income statement and interpret the result. (10 pts) c) Based upon your answers in (a) and (b), would you provide a credit line to this company? Support your decision by reference to your answer in (a) and (b). (10 pts)