Required information The following information applies to the questions displayed below) The adjusted trial balance for Chiara Company as of December 31, 2017, fo Credit $ Debit 96,900 55.000 23, 200 172,500 16,500 166,000 $ 85,000 142,000 17,000 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 Common stock Retained earnings Dividends 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 102.000 25.000 21,000 36.000 150,000 25,580 230,220 53,000 534,000 26,000 28,000 18,500 191,000 43,000 35,800 35,800 64,000 27,600 $1,251,800 $1,251,800 2. Calculate the profit margin for year 2017. Choose Numerator Net income Profit Margin Choose Denominator: = Profit Margin Net sales = Profit margin