Kim Havens is a friend of yours from high school. She decided to become a beautician after leaving high school. She recently opened her own shop, and has contracted her services to a local hospital. She is paid a monthly fee for her services, and receives a small gratuity from each of the patients.She has just received her first set of financial statements from her accountant.She is quite upset.The statements show a cash balance of $3,600 at the end of the month, but a net income of only $500.She has written you a letter, asking you whether such a situation is possible, or whether she should find another accountant.Required:Write a short letter to your friend. Use proper form. Answer her question completely, but briefly.