Problem (30 points) lululemon lululemon athletica inc. in its first footnote says it: "is engaged in the design, athletica distribution, and retail of healthy lifestyle inspired athletic apparel and accessories, which are sold through a chain of company-operated stores, direct to consumer through e-commerce, outlets, sales from pop up locations, sales to wholesale accounts, license and supply arrangements, and warehouse sales. The Company operates stores in the United States, the People's Republic of China ("PRC"), Canada, Australia, the United Kingdom, South Korea, Germany, New Zealand, Japan, Singapore, France, Ireland, Malaysia, Sweden, the Netherlands, Norway, and Switzerland. There were 574 company-operated stores in operation as of January 30, 2022." lululemon athletica inc.'s fiscal year ends on the Sunday closest to January 31. Use the following information to provide the adjusting journal entry that lululemon should have made on January 30, 2022 which was the end of the fiscal year 2021. Assume that lululemon makes adjusting entries once a year at fiscal year end. a) At the end of fiscal year 2021, lululemon owed employees $151 million related to work completed (but not t paid) during fiscal year 2021. What adjusting journal entry should lululemon make on January 30, 2022 related to these wages owed to employees? Account Title Debit Credit b) At the end of fiscal year 2021, lululemon calculates that it has $77 million in sales on account that have not yet been received or recorded. What adjusting journal entry should lululemon make on January 30, 2022 related to the sales on account? Account Title Debit Credit c) lululemon receives a utility bill every four weeks for the previous four weeks. On February 15, 2022, lululemon receives a bill of $4 million covering the last three weeks of fiscal year 2021 and the first week of fiscal year 2022. Assuming that utilities are used evenly over the period, what adjusting journal entry should lululemon make on January 30, 2022 related to this future utility bill? Account Title Debit Credit d) lululemon's property and equipment depreciates $224 million during fiscal year 2021. Account Title Debit Credit