The purpose is to provide explanation for the task indicated below (see attachment)

You have just received a letter from Ellen Gill, a friend of yours from high school. In it she informs you that she recently opened her own business consulting rm. She works mostly with emerging small solar energy producers. She has just received her rst set of nancial statements from her accountant that has greatly upset her. The statements show a cash balance of $190,000 at the end of the month, although she invested only $100,000 of her personal cash at the start of the business. To make matters worse, a net loss of $50,000 is also shown on the income statement. Ellen asks you whether such a situation is possible or whether she should nd another accountant. Required: Write a short letter to your friend. Use a proper letter form. Answer her question completely, but briey