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Required information [The following information applies to the questions displayed below] Drs. Glenn Feltham and David Ambrose began operations of their physical therapy cliric, calied Northland Physical Therapy, on January 1, 2020. The annual reporting poriod ends December 31. The trial balance on January 1. 2021, was as follows (the amounts are rounded to thousands of dollars to simplifl: Transections daring 2021 (summarzed in thousands of doliars) folow: a. Borrowed 523 cash on July 1, 2021, signing a six-manth note poyable. b. Purchased equipment for $26 cash on 2 sly 2,2021 . C. issued additional shares of common stock for 56 on duly 3. d. Purchased saftware on July 4, 52 cash. a. Purchased supplies on July 5 on account for future use, 58. f. Pecorded rovenues on December 6 of $57, including $9 on ovedr and 548 necetred in cash. 9. Pecognired salarles and wages expense on December 7 of 53t paid in cash. h. Collected accounts receivable on December B. 53. 1. Poid accounts payable on December 9,59 f. Received a 52 cash deposit on December 10 trom a hosgital far a cooceact to stan ianuay 5. 2022. Ditn for adjusting joumal entries on December 31 4. Anaruaation for 2021, 57. 1. Sugplies of 52 were courted on Decamber 31.2cz1 m. Deperciation for 202t,53. n. Accrued interest of 51 on notes paymble. a. Salafies and whges incumed bst nat yet paid or aecerdect. 4 . a. income tas expenae tor 2021 was 53 and will be poid in 2022. 8. Prepare a post-closing trial balance. (Enter your answers in thousands of dollars.) 9-a. How much net income did the physical therapy clinic generate during 2021? What was its net profit margin? 9-b. Is the business financed primarily by liabilities or stockholders' equity? 9-c. What is its current ratio? Complete this question by entering your answers in the tabs below. How much net income did the physical therapy clinic generate during 2021? What was its net profit margin? (Enter "Net Income" in thousands of dollars. Round "Net Profit Margin" to 1 decimal place.) Complete this question by entering your answers i What is its current ratio? (Enter your answers in thousands

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