Common-size and trend percentages for a company's net sales, cost of goods sold, and expenses follow: Required: a. Calculate the profit percentage for 2021, 2022 and 2023. (Round the flnal answers to 2 decimal piaces.) b. Determine whether the company's profit increased, decreased, or remained unchanged during this three-year period. Question B: Algoma Holiday Services [12 Marks] [18 Minutes] Algoma Holiday Services (AHS) incurred the following transactions during 2022. They would like you to prepare all necessary journal entries for the year ended December 31st,2022 [purchase of assets and depreciation] Show all work. All purchases took place on January 1, 2022. - AHS purchased a truck for $56,000. The truck is being depreciated over 8 years on a straight-line basis. The estimated salvage value is $5,000. - AHS purchased manufacturing equipment that cost $189,000. Transportation costs totaled $2,400, installation costs were $4,200 and the President's salary for the time he observed installation was calculated at $1,500. The equipment is being depreciated at rate of 20% per year with an estimated salvage value of $8,000. - AHS purchased land and a building for $2,500,000. The market value of the land was appraised at $2,300,000 and the building was appraised at $450,000. The building is being depreciated over 25 years on a straight-line basis with no residual value