Problem: Tony Matheson and his friend Suzie Ramos plan to graduate from college in 2021. Tony will have a degree in sports and recreation management and Suzie will have a degree in business. Both are huge outdoor activists and have decided to start a company together called the Great Adventures. They will provide clinics for a variety of outdoor activities such as kayaking, mountain biking, rock climbing, wilderness survival techniques and other adventure sports. 1. What are the three primary forms of business they might choose for Great Adventures? Pros and cons of each? Which form do you recommend? 2. Discuss some of the typical financing, investing and operating activities that a company like Great Adventures is likely to have. 3. What specific account names for assets, liabilities, equity, revenues and expenses would the company likely use to record its business transactions? 4. To record company performance, Suzie plans to prepare the four primary financial statements. Explain the type of information included in each.