$1.$ The following reflects the sales and cost of goods sold of Prince Albert Company for the years $2021$ and $2022$ : $2021$ Net sales $\backslash (=\backslash$$ $393,193\backslash ),$ Cost of Goods Sold $\backslash (=\backslash$$ $252,175\backslash )2022$ Net sales $\backslash (=\backslash$$ $473,999\backslash ),$ Cost of Goods Sold $\backslash (=\backslash$$ $280,831\backslash )$ a$)$ Calculate the gross profit from sales for each year. $(2$ marks$)$ b$)$ Calculate the gross profit ratio for each year $-$ show your calculations! $(2$ marks$)$ c$)$ In which year was the gross profit ratio worse for Prince Albert Company? $(1$ mark$)2.$ You are hired to advise the owner of Moose Jaw Marketplace Company on how to properly record sales taxes for the sale and purchase of merchandise inventory. Assuming that the Saskatchewan sales tax rate is $\backslash (6\backslash \%\backslash )$ and that federal GST rate $\backslash (=5\backslash \%\backslash ),$ record the following transactions: $(4$ marks$)$ Feb $3-$ purchased merchandise on account for $\backslash (\backslash$$ $566\backslash )$ from supplier Sandpiper Services Feb $8-$ sold merchandise on account for $\backslash (\backslash$$ $1,239\backslash )$ to customer Daze$-$On Inc., with a cost of $\backslash (\backslash$$ $526\backslash )3.$ Regina Retail Company buys and sells merchandise for resale. The following are various transactions that happened during the month of August $2021.$ Provide all necessary journal entries to record the transactions, rounding all early$-$payment discount amounts to the nearest dollar. Show vour calculations. $(13$ Marks$)4.$ With their year$-$end of May $31,2022,$ fast approaching, Swift Current Company wants to examine their financial performance. From the trial balance information below, prepare a classified multistep income statement $($the company uses a perpetual inventory system$).(7$