The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit $ 181,500 51,500 22,400 170,500 16,000 171,000 $ 75,000 140,000 22,000 77,000 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 100,000 55,000 19,000 38,000 152,000 295,800 50,000 534,000 26,000 27,500 21,500 191,000 44,000 33,200 34,600 59,500 25,600 $1,316,800 $1,316,800 2. Calculate the profit margin for the year. Profit Margin Choose Denominator: Choose Numerator: Profit Margin Profit margin 1