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Rebuilding Company nas been operating tor one year AT the start of the second year, its inc statement accounts had zero balances and its balance sheet account balances were as follows Cash Accounts receivable 30,900 Unearned revenue $ 7,000 Accounts payable$9,400 3,440 1,480 Note payable (long-term) 47,600 198 20.350 792 es Equipment Land Building 10,200 Common stock 8,200 Retained earnings 24,000 Additional paid-in capital a. Rebuilt and delivered five pianos in January to customers who paid $18,400 in cash. b. Received a $520 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop:; received $860 for rent in January. d. Received $8,000 from customers as payment on their accounts e. Received an electric and gas utility bill for $520 to be paid in February f. Ordered $870 in supplies. g. Paid $2,040 on account in January. h. Received from the home of Stacey Eddy, the major shareholder, a $990 tool (equipment) to use in the business in exchange for 110 shares of $1 par value stock. i. Paid $14,000 in wages to employees who worked in January. j. Declared and paid a $2,000dividend (reduce Retained Earnings and Cash). k. Received and paid cash for the supplies in ( Required Prepare an income statement for January 31 (ignore income taxes). For the Month Ended January 31 Operating revenues Cash Unearned revenue Total operating Operating expenses: Wages expense 0 revenues Total operating 0 expenses Other item Operating income Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted

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