Write&tbsp;a brief (2-3 page) report on your findings of King Fisher Aviation’s financial status and include the following:From Scenario 1, evaluate the technology proposed by Shawn Paschal. What is your recommendation on the adoption of this technology? Explain your reasoning.From Scenario 1, what do you recommend to King Fisher regarding changing their 30 day collection period? Explain your reasoning.<br>From Scenario 2, what are your recommendations on the investment project? Explain your reasoning.&tbsp;From Scenario 2, what are your recommendations for investment in the new technology? From Scenario 3, evaluate King Fisher’s target capital structure. What are your recommendations?&tbsp; Consider the impact of taxes and explain your reasoning.Attached are the problems and the solved answers on the spreadsheets, below are the 3 scenarios we were given.Scenario Overview: King Fisher Aviation is in the business of green jet fuel, an advanced renewable fuel alternative to traditional jet fuel. The process used produces green jet fuel from a variety of sustainable feed stocks. King Fisher Aviation uses technology that allows them to meet regulatory compliance obligations for renewable energy in the aviation transportation fuel sector, as well as produce high-quality fuel. You have recently taken on the role of financial manager for the young and growing company.Scenario 1: King Fisher Aviation is in the business of green jet fuel, an advanced renewable fuel alternative to traditional jet fuel. The process used produces green jet fuel from a variety of sustainable feed stocks.You have recently taken on the role of financial manager for the young and growing company and were given a file that was in progress when the previous financial manager left the position Scenario 2: King Fisher Aviation is ready to grow and is considering investing in new technologies. As the financial manager for King Fisher Aviation, you are asked to provide some critical information on company bonds, present and future values, and cash flow in order to make some tough decisions and appropriate recommendations to the Chief Executive Officer (CEO). Scenario 3: The CEO of King Fisher Aviation has asked you, the financial manager, to review the company portfolio. You need to calculate the expected return and standard deviation on company stock, consider the risk-free rate, and find the Weighted Average Cost of Capital (WACK). Also, you were asked to calculate the cost of bond debt, for a more complete picture of the company’s financial status.