$\backslash$table$[[$Magic GMBA $3$ Corporation$],[$Adjusted Trial Balance$],[$December $31,2019],[,$$ Dr$,$$ Cr$],[$Cash$,469,408,],[$Accounts receivable,$280,000,],[$Allowance for bad debts,,$4,400],[$Inventory$,360,000,],[$Long term investment,$87,200,],[$Property$,$ plant, and equipment,$400,000,],[$Accumulated depreciation,,$160,000],[$Accounts payable,,$65,600],[$Accrued payables,,$48,000],[$Unearned revenues,,$64,000],[$Other long term liability,,$42,712],[$Bonds payable,,$400,000],[$Discount on bonds payable,$42,680,],[$Deferred income tax,,$25,568],[$Preferred stock,,$400,000],[$Common stock,,$40,000],[$Additional paid$-$in capital,,$440,000],[$Retained earnings,,$240,000],[$Dividends$,32,000,],[$Treasury stock,$304,000,],[$Operating revenues,,$972,000],[$Cost of goods sold,$480,000,],[$Selling and administrative expenses,$200,000,],[$Depreciation expense,$40,000,],[$Other expense,$64,000,],[$Bad debt expense,$3,600,],[$Rent expense,$80,000,],[$Interest expense,$35,392,],[$Income tax expense,$24,000,],[$Totals$,2,902,280,2,902,280]]$to prepare $($On an excel sheet $-$ with formulas$)$:

The income statement.

The statement of retained earnings.

The balance sheet.

Ratios that can be calculated from the data presented.

Prepare and submit a PowerPoint presentation, which includes:

Title and introduction

Objectives of comparative financial statements

The three financial statements, and the details of calculations

Detailed calculations of the ratios and your comments on the ratios calculated

Comments$/$Opinion on the financial health of the company