Please respond to the following:The items contained in the Retained Earnings section of abalance sheetare often complex and confusing. Suggest an improvement for the reporting on this information that will help the users of the statement to have a better understanding of the activity. Provide support for your suggestion.Evaluate what a cumulative loss in the retained earnings section of a companys balance sheet might indicate about thefinancial performancein the future indicating how this may influence decisions madeabout the company. Provide support for your answer.