Access the Annual Report of Chorus Aviation Inc for its year ended December 31, 2021, either on the companys website or the SEDAR website (www.sedar.com). Refer to the financial statements, accompanying notes and Management Discussion and Analysis to answer the following questions. For each answer, provide the appropriate source specific note number, page reference in management discussion or other source as applicable:

7) The company presents its financial statements according to IFRS. Prepare a schedule comparing reporting under IFRS and reporting under ASPE that refers specifically to the Air Canada financial statements, for liability and equity accounts. (Hint: answer the question "what would be different if ASPE was used?"). (4 marks)