Question A: Preparation of Financial Statements (12 marks; 20 minutes) Papa John's International Inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is a condensed alphabetical list of accounts and amounts reported in its financial statements for 2021. The accounts have normal debit or credit balances and their balances are rounded to the nearest million dollars. The company's fiscal year ends on December 31. Account Title Accounts payable. Balance $ 37 Accounts receivable. 109 Accrued liabilities... Allowance for doubtful accounts.. Bad debt expense..... 175 7 11 107 Cash and equivalents. 23 Credit card discounts. 1,469 Cost of sales 33 Deferred revenue (current). 50 Depreciation expenses. 204 General and administrative expenses. 81 Goodwill 15 Income tax expense 10 Income tax payable 17 30 Interest expense...... Inventories Investment incomem