Gerry Gamble is a welder. Gerry was employed for many years by Work Welders Ltd. However, two years ago he decided to form his own business and established a proprietorship, Gerry's Weiding. In the first year of business, his former employer, Work Welders Ltd, was his main source of income. However, Gerry is keen on growing his business, so he developed a business plan, obtained financing from a local bank, and purchased a weiding truck with built-in welding equipment. He also started actively seeking welding contracts other than his main contract with Work Welders Ltd. The current year is his second year of business and, although his contract with Work Weiders Ltd. is a large, monthly contract, Gerry has developed some business acumen and he now has a couple of other smaller welding contracts. Due to recent changes in the organizational structure at Work Welders Ltd, and the downturn in the oil industry, his monthly contracts with the company have decreased in size and regularity. However, the Work Welders Ltd, contracts continue to bring in substantial revenue and constitute about 80% of Gerry's gross income in the current year. You are an accountant at a public accounting firm and the partner has asked you to assess Gerry's situation and his contract with Work Welders Ltd, to determine if Gerry is employed or selfemployed. In your opinion, is Gerry employed or self-employed? Drawing on the six factors used by the courts and described previously in the lesson, please match the following categories: Gerry is no longer an integral part of Work Welders Ltd. and A. Management and imvestment he no longer has a contract of service with the company. Instead Gerry has contracts with several companies for work, B. Intent to enter into a Contract of Services or Contract for Services Work Welders Ltd, does not control Gerry's activities; for C. Risk of profit and loss example, his contracts with other clients. D. Ownership of tools Gerry has purchased a truck and welding equipment. Gerry has contracts with Work Welders Ltd, rather than a E. Control salary. He assumes the risk of profit and loss; for example, the decrease in contracts due to the recent downturn in the oil industry. Gerry has capital invested in his business; he has developed a business plan; and he can demonstrate the steps he has taken to grow his business