The Goody Shop Ltd.'s unadjusted trial balance accounts and amounts (prior to recording any adjusting journal entries) appears as noted in the excel workbook, in alphabetical order, on December 31,2020. Additional notes: 1. The Land and Building were purchased January 1, 2019. The building had been estimated to have a useful life of 25 years and a residual value of $20,000. The company uses straight-line depreciation for the Building. 2. At January 1, 2020 there were 200,000 common shares outstanding with a total value of $20,000. 3. During the year cash dividends of $1,500 were paid. 4. The Equipment was purchased on February 1,2020 and is estimated to have a useful life of five years and a residual value of $5,000. The company uses double diminishing balance depreciation method for the Equipment. 5. Ignore any income tax expense. 6. Market rate of interest throughout the year was 7%. 7. Please round all final amounts to a whole number. 8. Please add additional accounts as necessary. 11. The Investment in RNG Ltd. is a 1% ownership accounted for as a held for trading investment (FVTNI). During the year, there were cash dividends received of $200. In reviewing RNG's financial statements the company had net income of $50,000. The shares had a fair value of $20,700 at December 31,2020. 12. The Investment in Bonds - TGS Ltd. is a $10,000 bond, paying annual interest of 5% that is due November 1, 2026 and is accounted for using the amortized cost method. The bond was purchased when the market interest rates were 4%. Interest was last received on November 1, 2020. When the interest was received the bookkeeper debited cash $500 and credited interest income $500. (Note: at the 2019 year end an entry was done to accrue interest. The entry was dr interest receivable $83; cr interest income $71, cr investment in bonds $12 ) 13. The Investment in Kermit Inc. is a 30% ownership accounted for using the equity method. During the year there were cash dividends received of $5,000. In reviewing Kermit's financial statements the company had net income of $100,000. The shares had a fair value of $200,000 at December 31,2020. 14. The goodwill arose from the purchase of a company a number of years ago. The goodwill was tested for impairment at December 31, 2020 and it was determined it was valued at $77,000. 15. The U.S. bank account has $200 US in it at year end. The exchange rate at December 31 , 2020 was 1USD=1.273 CAD. 16. Any other entries or year end journal entries to finalize the trial balance for the December 31,2020 year end. Please show all calculations. 17. Once all the entries have been done please ensure they "posted" to the trial balance. I would suggest you review each account to ensure it appears to be the correct balance. Required: Prepare any adjusting journal entries required from the items noted above (note: you are given an unadjusted trial balance but keep in mind any day to day entries have already been recorded) and below to finalize the trial balance for The Goody Shop Ltd.'s for the December 31, 2020 year end. Please use the excel sheet to data enter your journal entries. If you need a new account please add it in column M and use it in your journal entries. As long as you have used the same name as the account in your journal entries the amounts should flow from the journal entry to the adjusted trial balance. A sample journal entry #1 has been included (at zero dollars) so you know how to enter your entries. Feel free to include any calculations on a separate worksheet. The following transactions occurred during the year