Since the frame is at rest, the net force acting on it must be 0. There are three forces acting on it: the gravity and the opposing forces of the two cables.
Since the gravity is a vertical force, we are only interested in the vertical components of the remaining forces. The net force equation is
F_net = 0 = F_g -2 * F_y
The vertical force of one cable (using the information in the drawing) is:
Objects with mass exert forces on each other via the force of gravity. This force is proportional to the mass of the two interacting objects, and is inversely proportional to the square of the distance between them. The factors G, M, and r are the same for all masses at the surface of the Earth.