Question A: Preparation of Financial Statements (12 marks: 20 minutes) 2:21:29 Papa John's Inamadional inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is a condensed wphabetical set of accounts and as ported in a francial sta for 2021. The accounts have normal debit or credit balances and their balances are rounded to the nearest million dolars. The company's fiscal year ends on December 31 Account Title Accounts payable... Accounts receivable. Accrued sabes Allowance for doubielul accounts Bad debt expense Cash and equivalent Credit card discounts Cost of sales Defamed revenue (cument) Depreciation expenses General and administrative expenses Goodwill Income tax expense. Income tax payable Interest expense. Inventones Investment income. Long-term debt Balance $ 37 109 175 7 " 107 23 1,459 33 50 204 15 10 30 160 120 858 Other non-current assets Other non-current Sabines 112 43 Prepaid expenses Property, plant, and equipment, net 355 1813 Sales revenue Shareholders' equity 232 47 Short-term borrowings. REQUIRED 1. Prepare a multiple-alep (classified) statement of eamings for the year ended December 31. marks)) 2. Compute the values of two ratios that are based on information reported in the statement of eamings that you prepared and interpret the results marks) have and this question and will upload after the exam (type yes