Part-A (Part A is mandatorv) Question 1 (16 Marks) The Trial Balance of Miami FC Limited, a merchandising company which sells sports accessories, contained the following accounts at December 31,2022, the end of the company's financial year. Additional Information: - Depreciation on the building is to be charged on a straight-line basis at 9%. - Physical check on December 31, 2022 reveals that inventory actually on hand is $50,000. - $10,000 cash dividend was declared during the year. - The company is under 30% tax bracket. - $300 of the prepaid insurance remained on hand at the end of the year. - The interest on the notes payable has not been paid yet. Instruetions: Prepare a multiple step income statement for the year ended December 31, 2022, a statement of stockholders' equity for the year ended December 31, 2022 and a classified balance sheet as at December 31, 2022 for Miami FC Limited