Fashion World Inc. reported the following accounts and balances in its unadjusted trial balance as at December 31, 2020 (in thousands of Canadian dollars). Note that the accounts are listed in alphabetical order: Accumulated depreciation $ 28,600 Cash 14,000 Note payable, 5%, due March 1, 2022 Prepaid expenses $ 35,000 1,050 Contributed capital (1,000 shares) 50,000 Rent expense 12,100 Cost of sales 158,500 Retained earnings, January 1, 2020 19,550 Depreciation expense 9,600 Salaries expense 30,500 Furniture and equipment, at cost. 68,800 Sales revenue 232,250 Insurance expanse 750 Supplies expense 1,100 Interest expense 1,750 Supplies inventory 950 Investments (long term) 37,000 Trade accounts payables Merchandise inventory Other operating expenses 26,000 7,700 Trade accounts receivables 34,400 30,000 Additional information is as follows: a. All of these accounts have "normal" debit and credit balances. b. The note payable was signed on March 1, 2019. c. The company is subject to an income tax rate of 30 percent. Required: 1. This part of the question is not part of your Connect assignment. 2. Prepare the statement of earnings for Fashion World Inc. for the year ended December 31, 2020. [Round "Earnings per share" to 2 decimal places. Enter the final answers in thousands of Canadian dollars.) FASHION WORLD INC. Statement of Earnings For the Year Ended December 31, 2020 (in thousands of Canadian dollar) 3. Prepare the assets section only of a classified statement of financial position as at December 31, 2020. (Enter the final answers in thousands of Canadian dollars) Damen FASHION WORLD INC. Partial Statement of Financial Position As a December 31, 2020 (in thousands of Canadian dollars) Assels Operating expenses: Tobal aumentals Total non-current assets Tuala briq ks D Total operating expenses Earrings from operations Earnings before income taxes Earnings per share 4. Compute the return on assets (RDA) based on your answers to the previous requirements. Assume that the company reported total assets of $186,200 at December 31, 2019. (Round percentage answer to 1 decimal places (l... 0.124 should be entered as 12.4).) Return on asects