Use the Balance Sheet below to answer the questions that follow: Can't Complain Ltd Balance Sheet As At 31 March 2015 s $ 21,000 39,000 40,000 11,000 111,000 320,000 90,000 Assets: Current: Cash and cash equivalents Accounts receivable Inventory Prepaid rent Non-Current: Property and Equipment Intangible Assets Total Assets Liabilities Accounts Payable Unearned revenue Total Liabilities Net Assets Owner's Equity Share Capital Retained earnings Total Owner's Equity 410,000 521,000 27,000 32,000 59,000 462,000 420,000 42,000 462,000 a) As of 31 March 2015 what amount has been paid by Can't Complain Ltd shareholders to become owners of the company? b) Which account in the balance sheet tells you that this company has been profitable since incorporation? c) List at least 1 item that could be included in intangible assets. d) Why is unearned revenue a liability? Give an example to demonstrate your understanding. e) Give two examples of transactions that would cause retained earnings to decrease. 1) Why does the Balance Sheet have 'As At" in the title? Explain fully with reference to the other financial statements. g) What is a contingent liability? Could Can't Complain Ltd have any contingent liabilities? Give an example to demonstrate your understanding