Review Assignment #2: Goulet Inc. Goulet Inc. Lawrence Goulet $81,240 30,090 27,600 9,200 148,130 175,000 -92,000 83,000 $231,130 $29,200 $17,000 $9,600 22,560 $78,360 33,840 $112,200 93,200 25,730 118,930 $231,130 Notes Relating to Balances: $7,120 $15,400 $9,250 $8,300 $6,620 $5,500 $4,100 $29,200 $3,000 $30,090 The bank loan has an annual interest rate of 7% and has monthly principal payment of $1,880. 27600 7% 1880 56400 Total Vachon Inc. Dunn Inc. Picard Inc. Moreau Inc. Duncan Inc. July 01, 2023 Design Shirts Co. Printed Shirts Corp. Gabe Clothing Co. Total August 01, 2023 Goulet Inc., set up as a privately held corporation, operating as a ready to wear garments retailer, of which 100% of the Common Shares are owned by Lawrence Goulet