Required information (The following information applies to the questions displayed below.) The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit $ 138,700 51,500 20,200 171,000 16,500 172,000 $ 90,000 142,000 16,000 83,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable R. Chiara, Capital R. Chiara, Withdrawals Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense-Automobiles Totals 91,000 50,000 23,000 34,000 142,000 355,800 52,000 464,000 22,000 27,500 19,000 189,000 39,000 37,600 33,600 63,000 32,200 $1,287,800 $1,287,800 2. Calculate the profit margin for the year. Profit Margin Choose Denominator: Choose Numerator: 1 Profit Margin Profit margin 1 1