Perform preliminary analytical procedures for the PricewaterhouseCopper LLP.a. Obtain the financial statement data for the current year and prior two years.Analyze the year-to-year change in account balance for the followingfinancial statement line items. Document the trend analysis in a formatsimilar to the following:% Change % ChangeAccount Balance 2019–2020 2018–2019Net salesCost of salesOperating expensesOperating incomeNet receivablesInventoriesAccounts payableLong-term debtb. For the current and prior years, calculate the common financial ratios thatare applicable to the company, including short-term debt-paying ability,liquidity activity, ability to meet long-term debt obligation, andprofitability ratios.c. Compare the company’s main financial indicators (market cap, revenue,employees, revenue growth, gross margin, net income, and EPS) with theindustry benchmark (you may find relevant information from YahooFinance).Please see the detailed instructions and use the 10-K report.3 pages and double spaces.