Aylmer Inc (Business Number 777889961) has been incorporated since Y3. Important information: Aylmer's business is located in a juristiction where the HST rate is 12%. The following transactions took place from January 1 thru March 31 Y8: Aylmer uses a periodic inventory system. Aylmer has 1,000,000 authorized common shares, 456,200 common shares issued and 321,300 common shares outstanding Aylmer can borrow money at 10%. Aylmer performs annual adjusting entries. 05-Jan Sold 15 units @ \$32.00 on each, account, plus HST. 10-Jan Received a telephone bill for $134.43 (including HST). 26-Jan Received a utility invoice for $543.80 (including HST). 01-Feb Aylmer declared a cash dividend of $1.00 per common share to shareholders of record on March 10 th. The dividend will be paid on April 2 nd 03-Feb Sold 18 units @ \$33.10 each, for cash, plus HST. 12-Feb Purchased 20 items for resale @ \$12.66 each, on account. The price includes HST. 26-Feb Sold 8 units@ @ 34.20 each, account, plus HST. 06-Mar Purchased 15 items for resale @ \$12.75 each, on account. The price includes HST. 10-Mar Aylmer signed a 1 year, non-interest (zero-interest) bearing note for $250,000 to Bad Bank. 15-Mar Received a utility invoice for $489.30 (including HST). 29-Mar Received the annual insurance invoice for $1,344 (including HST. 30-Mar Aylmer had 1 employee during March. The employee earned $10,000. The employee had the following deductions: \begin{tabular}{|l|rr} \hline EI & $ & 300 \\ \hline CPP & $ & 600 \\ \hline Income Tax & $ & 1,500 \end{tabular} 30-Mar Aylmer purchased a small landfill for $1,000,000. In order to get a licence, Aylmer agreed to decommision the site when the landfill reaches capacity in 20 years. It is expected that process will cost Aylmer $3,500,000. Aylmer signed a note with the bank for the landfill purchase to be paid in 10 years at 10% interest. 30-Mar In January, Aylmer signed a contract to purchase 10,000 bushels of corn for $15.50 per bushel. The price of corn is now $6.00 per bushel. To Aylmer, this should be considered an onerous contract. REQUIRED 1. Prepare the appropriate journal entries for the above transactions. 2. Complete the GST/HST form for Aylmer Inc