At December 31, 2021, the adjusted trial balance for Strynaster Ltd., for the fiscal year, had the following information: Accounts payable $44,000 Gain on sale of land Accounts receivable $70,000 Income tax expense $5,000 $8,800 Accumulated depr-Building $10,000 Income tax payable $3,000 Accumulated depr - Furniture $12,000 Interest expense $18,800 Administrative expenses $11,000 Interest income $1,000 Allowance for doubtful accounts $2,900 Interest payable $2,500 Bad debt expense $3,100 Inventory $25,000 Bank loan payable $145,000 Land $200,000 Building Cash $105,000 Prepaid expenses $8,900 $30,000 Retained earnings, opening $240,000 Common shares $22,000 Sales $195,000 Cost of goods sold $80,000 Sales discounts $950 Depreciation expense $2,500 Sales returns and allowances $50 Dividends $6,500 Selling expenses $3,200 Freight out $11,500 Uneamed revenue $3,500 Furniture $100,000 Utilities $600 Notes: Strynaster Ltd. uses IFRS. Assume that $35,000 of the bank loan payable will be paid in 2022. During the year the company issued 1,000 common shares for $10,000 in total. All accounts are in their usual normal balance. Required (parts a, b, c, d, e & f): @bo @@D Prepare a multiple-step income statement in good form. Prepare a statement of changes in equity in good form. Prepare a classified balance sheet (statement of financial position) in good form. What is the company's gross profit margin? a) b) c) d) e) What is the company's profit margin? f) Does this company use a perpetual or periodic inventory system? How do you know?