Perform a financial analysis. Please show step by step so I can better understand it, thank you.

13 14 15 7800 27000 52400 5200 31000 67250 7100 35500 98720 3 Balance Sheet 4 5 Current Assets 16 Cash 7 Accts Rec. 8 Inventory 9 20 Fixed Assets 11 Land and Building 12 Equipment 13 Furniture and Fixtures 14 Depreciation 15 16 Total Assets 17 18 Liabilities 19 Current Liabilities 20 Accts. Payable 21 Notes Payable 22 Accrued wages 23 Accrued interest 24 Accrued taxes 250000 31000 1800 8100 250000 28000 1800 7900 250000 25000 1800 9100 378100 391150 427220 82975 3000 2150 16950 1250 101000 3000 4850 14100 7500 107200 3000 4200 12528 8100 25 56400 48000 56400 48000 56400 48000 . 210725 26 27 Long Term 28 Mortgage 29 Note Payable 30 31 current liabilities 32 33 34 Owner's Equity 35 36 Total Liabilities 37 38 234850 239428 167375 156300 187792 378100 391150 427220 13 162500 14 174000 15 181000 51900 71200 52400 52400 78000 67250 67250 89000 98720 70700 63150 57530 2 3 Income Statement 14 Sales 15 46 COGS 47 Beginning inventory 48 purchases 49 End Inventory 50 51 TCOGS 52 53 Operating expenses 54 advertiseing 55 insurance 56 depreciation 57 salaries 58 travel 59 60 total operating expenses 61 62 bad debts 200 3500 8100 140000 4100 250 3650 7900 142000 3000 200 3700 9100 169840 1800 155700 156550 184440 1200 725 2200 63 156900 157275 186640 64 Total expense 65 66 Net Income 67 5600 16725 -5640 li E Paste B I B56 H F C B D E A 7800 27000 52400 5200 31000 67250 7100 35500 98720 2 Balance Sheet 3 Current Assets 5 Cash 6 Accts Rec. 7 Inventory B 9 Fixed Assets 0 Land and Building 1 Equipment 2 Furniture and Fixtures 3 Depreciation 4 5 Total Assets 250000 31000 1800 8100 250000 28000 1800 7900 250000 25000 1800 9100 378100 391150 427220 17 Liabilities 18 Current Liabilities 19 Accts. Payable 20 Notes Payable 21 Accrued wages 22 Accrued interest 23 Accrued taxes 82975 3000 2150 16950 1250 101000 3000 4850 14100 7500 107200 3000 4200 12528 8100 56400 48000 56400 48000 56400 48000 210725 234850 239428 25 Long Term 26 Mortgage 27 Note Payable 28 29 current liabilities 30 31 32 Owner's Equity 33 34 Total Liabilities 35 36 37 38 39 167375 156300 187792 378100 391150 427220 Sheet1 13 162500 ncome Statement ales 14 174000 15 181000 OGS eginning inventory urchases nd Inventory 51900 71200 52400 52400 78000 67250 67250 89000 98720 COGS 70700 63150 57530 Operating expenses advertiseing insurance Depreciation 200 3500 8100 140000 4100 250 3650 7900 142000 3000 200 3700 9100 169840 1800 alaries Cravel otal operating expenses 155700 156550 184440 bad debts 1200 725 2200 Total expense 156900 157275 186640 Net Income 5600 16725 -5640