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will give thumbs up subject to an income tax rate of 30%. Account Titles Cash Accounts Receivable Inventory Prepaid expense Investment (Long-term) Equipment Accumulated Depreciation

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subject to an income tax rate of 30%. Account Titles Cash Accounts Receivable Inventory Prepaid expense Investment (Long-term) Equipment Accumulated Depreciation Equipment Building Accumulated Depreciation, Building Land Salaries Payable Interest Payable Mortgage (Due in 15 years) note 1 Share Capital (48,900 shares) Retained Earnings, Jan 1, 2021 Dividends Sales Cost of Goods Sold Depreciation Expense Interest Expense Maintenance Expense Miscellaneous Expenses Salary Expense Totals DR CR 100.000 65,000 90,000 40,000 100,000 245,000 152,500 575,000 187,500 370,000 120,500 70,000 450,000 200.000 190,000 30,000 985.000 260,000 42,500 18,000 48,000 122,000 250,000 2,355,500 2,355,500 Note 1 Nona is required to make 15 equal annual repayment on the mortgage. Required 1. Prepare a Statement of Earnings for the year ended December 31, 2021. 2. What is the Earning Per Share? B A 1 Earning Per Share 3. Prepare a Statement of Changes in Retained Earnings for the year ended December 31, 2021. section of a classified Statement of Financial Position as of

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