slon 18 Subsequent Events [5 marks] Apple Co. has a December 31, 2021 fiscal year-end date. The annual audit was performed in March 2022. Timele 103 subsequent events period ended on March 22.2022. outo Required: For each of the items noted below. Indicate the appropriate treatment for the year and in December 1971, clicking and drawing other A, D or into the blanke bow Chalces Dund can be found at the very end of the question The letter stand for A- Adjust the financial statements for 2021 and disclose the event in a note D - Disclose the event only in a note to the financial statements in 2021 without making an adjustment entry N- Nelcher an adjustment nor arsclosure is noeded for 2021 Items noted in 2022, after the December 31, 2021 fiscal year had ended: 1. The company's employees went on strike on February 2, 2022 and no settlement has yet been reached 2. A large factory was significantly damaged by an earthquake on January 27, 2022 3. A customer who owed Apple Co. $100,000 since December 11, 2021 went bankrupt on February 11, 2022 Apple Co. expects to receive nothing and no bad debt expense was originally recorded as of December 31, 2021 4. A lawsuit filed on July 3, 2021 against Apple Co was settled out of court on April 25, 2022 for $75,000 No loss was recorded originally in 2021. 5. Apple Co. issued $500,000 of common shares on March 2, 2022