please help me out with this question. post the solution in easy words . thankyou

Mr. M is the owner of EXLO Inc. Mr.M has just received his end of the your financial statement from his accountant. When he sees his one ince he is discouraged. With most Rs. 250,000 in gross peole he just don't understand why he is always shorts cash to pay his employees and suppliers. One of his largest suppliers notitiam just last month that they would no longer extend him credit and he would have to pre-pay all of his anders. He puts a call into his accountant to set up a meeting with her to discuss the financial health of his business Required: ) Using your understanding of financial statements how do you find the following balance shot related with income statement? b) If you are provided the information that all of rent expense of the company is related to the next year, do you think that this will improve company's profiteryesexplain how? c) What would be the treatment of Romexpense if it is related to the next flincial year! Make necessary adjustments Financial Statements: EXLO Inc. Income Statement For the year ended December 31, 20XX Merchandise Sales Cost of Good Sold Gross Profit Wage Espen Rent Experie General and Administrative Total Experts Earnings Before Interest Taxes (EBIT) Interest Income before tas R 500,000 R 255.000 B 144 14 Rs 140,000 Rs. 45,000 Rs. 45.000 R 20.00 Rs. 15.000 R. Rs. 10,000 Rox2.500 RAS Net Income. EXLOI. Balance Sheet As of December 31, 20XX Current Assets Chandish Equivalen Accounts Receivable Merchandise levy Propriile Total Cui R 20.500 Rs. 10,000 R 100.000 R 147.000 Property. Mant, and Equipment Total Assets Rs Rs. 152.000 Liabilities Current Liabilities Accounts Payable Wapes Payable Toul 74.250 R100 LE $4.500 Long-Term Date Total abilities R55.000 Rs. 139,500 R2,00 Owner's Equity Total Liabilities and Equity Rs. 152.000