13. Unlimited Fun paid a $1,000 dividend to Rachel, the owner. Balance Sheet Income Statement Stmt. of Cash Flows Assets Liabilities + Stockholders' Equity Acct. Cash + Receiv. Supplies Equip. Acct. Pay. + Salaries Pay. Common Retained Net Stock (1000) + Earnings (1000) Revenue Expenses = Income Cash Flow (1000) Use the following table to summarize the transactions recorded above. The totals will be used to create financial statements in Part 3. Part 3: Create Financial Statements Calculate and fill in the correct amounts for all gray highlighted cells in the January 2022 financial statements of Unlimited Fun. Use your knowledge of the financial statement relationships to verify the accuracy of your statements upon completion. Hint: Your balance sheet should total $66,810. Unlimited Fun Income Statement For the Month Ended January 31, 2022 Balance Sheet Income Statement Assets Liabilities Acct. Cash +Receiv+Supplies + Equip. Acct. Salaries Pay. + Pay. Stockholders' Equity Common + 12345678 65,000 Retained Stock + Earnings 65,000 Revenue Expenses Net Income Revenue Stmt. of Cash Flows Expenses: Salaries expense Utilities expense (900) 1900 1000 Cash Flow 65,000 FA (900) IA Total expenses Net income 200 200 (200) (200) (200)OA Unlimited Fun Statement of Stockholders' Equity (800) 800 (800) (800) 800 (800) For the Month Ended January 31, 2022 (800)OA Beginning common stock $0 Common stock issued 400 (290) 2000 13 (1000) 2500 (2000) 400 400 400 400 (290) (290) OA Ending common stock 2500 Beginning retained earnings $0 2000 OA Net income (1000) 200 1900 0 als $64210 500 1000 65,000 (1400) 2900 510 (400) $64210 (1000) Dividends Ending retained earnings Total stockholders' equity 6 (Ctrl) Unlimited Fun Balance Sheet As of January 31, 2022 Assets Cash Accounts receivable Supplies Equipment Total Assets Liabilities and Stockholders' Equity Liabilities: Accounts payable Salaries payable Total liabilities Unlimited Fun Statement of Cash Flows For the Month Ended January 31, 2022 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Net increase in cash Cash balance on January 1, 2022 Cash balance on January 31, 2022 Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 7