23. Sandra is not studying accounting, only marketing and human resources and her sister has not yet decided hermajor. They say, "Accounting course is a waste of time, I don't to be an accountant!" Explain to Sandra and her sister how accounting is important and relevant to all students, including those studying marketing and human resources. (3 marks) 24. Sandra's Auto Inc. is a privately held corporation. She is the majority shareholder. You bring your car for repairs and have an accident after you pick it up which you blame on the mechanic who has worked for Sandra for 15 years. Can you sue Sandra personally for the cost of the repairs required after the accident? Yes or no and why? (2 marks) Y 25. How are the income statement and the Statement of Owner's Equity Linked (2 Marks) 26. Complete the following calculation: If JoBlo Inc.. has a retained earnings opening balance of $50,000 at the beginning of the year, and an ending balance of $40,000 at the end of the year, what would be the net income/loss, if dividends paid were $20,000? ( 2 Marks