7. Where are Partnership expenses that are only claimed by one partner reported on the T1 ? (2) 8. What must happen to an asset or asset pool before you report a terminal loss or recaptured income? (2) 9. What is the limit on Gross Income earned before a self employed person is required to be an HST registrant? (1) 10. Calculate the cost of goods sold. Opening Inventory $4,000, Purchases $25,000, Subcontracts $15,311.27 and Closing Inventory $3,991.56 (2)