Question 1 (6 marks) Mona has started a new business and is interested in increasing equity. Discuss some ways in which she can achieve this goal. Be specific! Question 2 (10 marks) On June 2nd, Gerry purchased $3,000 of products with the intention of reselling them for profit. His supplier has agreed to collect payment later. On June 7th, Gerry sold half of these products for $3,500, agreeing to collect payment later. Gerry paid his supplier in full on June 10th and the customer paid Gerry in full on June 12th. Make all necessary journal entries. Question 3 (4 marks) Kim is planning on driving her business vehicle a roughly equal amount for ten years. However, she admits that there can be significant drops in kilometers driven during economic downturns (they are unpredictable). Discuss an appropriate depreciation method. Explain, in detail, why it would work better than other depreciation options