1. Based on your analysis from Part One, which of the following transactions and events would result in a deterioration in Gross Profit Margin in year 2021?

   1. charging depreciation on motor vehicles

   2. a payment for wages owing from the previous period

   3. the identification of an uninsured inventory loss

   4. A and B only

   5. A and C only

   6. B and C only

   7. All of the above

   8. None of the above