1) Prepare a memo for Adam detailing the advantages and disadvantages of activity based costing compared to traditional costing. 2) Prepare a memo for Brian including a quantitative analysis of Tracy Sharp's business to determine if it truly reflects the results of the operations for the past 3 years. Ensure that you address his concerns regarding the decrease in sales combined with an increase in profit as well as the increasing inventory amounts for the years. 3) Based on Sam's request: a. Prepare a budgeted income statement for the year ended Sept 30, 2017 b. Prepare a quarterly cash budget for the year ended Sept 30, 2017 Assume the full employment level of national income (YF) is at $280 billion. In order to reach YF from the existing equilibrium income level in above calculate the required changes ceteris paribus in Governmenr spending, auotnomous taxesThe tax rate