Please see the file attached. There are 2 questions that you need to answer by reviewing both reports: 1) In 200 words or less, describe the income statement that you just prepared. Was the company profitable? What was the net income or net loss for the period? What is the biggest expense that the company incurred? 2) In reading the aging of accounts receivable report, how much is 90 days past due? What is the percentage of the not past due receivables against the total amount owed to the company? This assignment focuses on how well you can analyze the income statement and the aging account receivables. Please remember to be as detailed as you can to provide a full analysis of both financial statements.