pls fill out those 2 statements that why is this company profitable and what its asking.

Fibertech GmbH is a distributor of outdoors technical clothing. The company outsources the production of clothing to external manufacturers in Bangladesh and sells the clothing under its own brands. Below you are provided with the balance sheet at the end of x3 and x4, and the profit & loss and cash T- accounts for x4. Note that some numbers are missing in the T-accounts. You'll have to infer them in the questions below. Fibertech GmbH Balance sheets at 31 December 3 and 4 (amounts In 000) Dec 31, X3 Dec 31, x4 Non-current assets Brands Land Building and equipment, gross less: Accumulated depreciation Building and equipment, net Total non-current assets 50 200 540 (484) 56 306 90 200 580 (474) 106 396 Current assets Inventories Accounts receivable Prepaid insurance Cash Total current assets 250 400 4 340 994 350 500 6 239 1.095 Total assets 1.300 1.491 Shareholders' equity Share capital Retained profits Total shareholders' equity Non-current liabilities Long-term bank loan 170 120 290 170 426 596 600 450 Current liabilities Short-term portion of long-term bank loan 150 150 Current liabilities Short-term portion of long-term bank loan Accounts payable Taxes payable Interest payable Total current liabilities *** 150 200 35 25 410 150 250 25 20 445 Total liabilities and shareholders' equity 1.300 1.491 Page 1 Profit and loss year x4 Debit Credit BB Cost of goods sold 1.400 2.200 Total sales Depreciation expense 40 15 Gain on sale of buildings and equipmi Selling and administration salaries 240 Insurance expense ? Interest expense 2 Profit and loss year x4 Debit Credit BB Cost of goods sold 1.400 2.200 Total sales Depreciation expense 40 15 Gain on sale of buildings and equipment Selling and administration salaries 240 Insurance expense ? Interest expense ? Income taxes 336 Net Income Cash Debit Credit BB 340 Receipts from customers 2.100 ? Payments to suppliers Proceeds from sale of 45 120 Purchase of equipment buildings and equipment 240 Payments of salaries 36 Prepayments of insurance 60 Payments of interest on loans 150 Loan repayment 120 Payments of taxes ? Payments of dividends 40 Purchase of brand 239 EB Additional note: Fibertech estimates its brands have an indefinite life and consequently they are not amortized Project Title Give your project a descriptive title Briefly discuss Fibertech's financial statements. (Please comment on its financial position profitability, liquidity and whatever relevant information you can interpret from the financial statements.) Your answer needs to be a little bit longer. Write a few sentences to complete your assignment if you were a shareholder in Fibertech sitting in the Board of Directors, based on the information you read in the financial statements, what further relevant questions would you ask to get a more complete picture of the business performance 10:11 PM