1. Compute the companys average monthly rent expense for January through May 2020 (5 points).
2. If the company purchased all of its office equipment when it first incorporated, for how long has it been in business as of December 31, 2020? (5 points).
3. Using the financial statements prepared in part b., evaluate the company s (i) profitability, (ii) liquidity, and (iii) solvency. (15 points).