1. Discuss whether Jim Wright should have analyzed only thecosts and savings that Mowerson would realize in 2002.2. For each of the 10 items listed in Wrights financial analysisindicate whether:a. The item is appropriate or inappropriate for inclusion in thereport. If the item is inappropriate explain why it should not beincluded in the report.b. The amount is correct or incorrect. If the amount is incorrectstate what the correct amount is.3. What additional information about Tri-Star would be helpful toMowerson in evaluating its manufacturing decision?