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Supply the missing dollar amounts for the 2020 statement of earnings of Ultimate Style Company for each of the following independent cases Case A Case

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Supply the missing dollar amounts for the 2020 statement of earnings of Ultimate Style Company for each of the following independent cases Case A Case D Case E $ 1.260 Case B Case C $ 1,060 $ 770 204 134 560 120 74 454 304 590 490 130 48 Sales revenue Selling expense Cost of sales Income tax expense Gross profit Earnings before income tax Administrative expense Net earnings 670 620 326 198 316 190 240 114 170 242 68 98 a. Peter's collected $13,000 from customers for games played in October (example) b. Peter's sold $7,000 in curling equipment inventory: received $3,000 in cash and the rest on account; cost of sales is $4,200. c Peter's received $2,500 from customers on account who purchased merchandise in September d. The curling league gave Peter's a deposit of $2,600 for the upcoming fall season. e. Peter's pald $1,900 for the September electricity bill and received the October bill for $2,200 to be paid in November f. Peter's paid $4,700 to employees for work in October 9. Peter's purchased $1,800 in Insurance for coverage from October 1 to December 31. h. Peter's paid $1.400 to plumbers for repairing a broken pipe in the washrooms. Required: Prepare a statement of earnings for Peter's Curling Inc. for the month of October 2020. Use an income tax rate of 40 percent PETER'S CURLING INC. Statement of Earnings For the Month of October 2020 Operating expenses 0 Earnings before income taxes 0 2018 The following data are from annual reports of Justin's Jewellery Company 2020 2019 Total assets $ 66,000 $ 56,000 $46,000 Total liabilities 15,000 13,000 8,000 Total shareholders' equity 51,000 43,000 38,000 Sales 130,000 120,000 106,000 Net earnings 5,600 4,400 28,000 Required: Compute Justin's total asset turnover ratio and its return on assets for 2019 and 2020. (Enter your answers in numbers and not in percentages. Round "Asset turnover" to 1 decimal place and "Return on assets" to 3 decimal places.) 2020 2019 Asset turnover Return on assets

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