1. You are a financial advisor and AB Health Care has presented you with data statements from 2021 and 2022. AB Health Care would like your assistance in providing them an assessment of their financial performance and any suggestions for improvement. Please also remember to include and compare the ratios in your report. Refer to Appendix 1.

Appendix 1 continued: Incomplete Statement of Operations for AB Health Care for the Years Ended Dec 31, 2021 and 2022 Operating Expenses Salaries Benefits Supplies Insurance Depreciation Interest Nonoperating revenue Principal Payment 4,025,3615,038,041 1,000,250999,000 3,512,0252,515,000 783,000900,000 56,00042,000 100,258100,684 \begin{tabular}{rr} 25,000 & 15,000 \\ 250,000 & 250,000 \end{tabular} Appendix 1 continued: Incomplete Statement of Operations for AB Health Care for the Years Ended Dec 31, 2021 and 2022