Account Titles Debit Credit Cash 2 Accounts Receivable 6 Supplies Land 13 0 Equipment Accumlated Depreciation 70 5 Software 15 Accumlated Anortization 5 Accounts Payable Notes Payable short-term) 0 Salaries and Wages Payable Interest Payable Income Tax Payable Comon Stpck 0 0 0 83 Retained Earnings Service Revenue 0 Salaries and Wages Expense Depreciation Expense Amortisation Expense Income Tax Eense Interest Expense Supplies Expense 0 0 0 0 0 0 $106 $106 Totals Transactlons and events during 2018 (summarlzed In thousands of dollars) follow a. Borrowed $11 cash on March 1 using a short-term note.. b. Purchased land on March 2 for future building site: pald cash, $8. c. Issued additional shares of common stock on April 3 for $24 d. Purchased software on July 4, $11 cash e. Purchased supplies on account on October 5 for future use, $19 f Pald accounts payable on November 6, $12. g. Signed a $20 service contract on November 7 to start February 1, 2019 h. Recorded revenues of $180 on December 8, Including $50 on credit and $130 collected In cash .Recognized salarles and wages expense on December 9, $95 pald in cash. J.Collected accounts recelvable on December 10, $34 Data for adjustling Journal entrles as of December 31: k. Unrecorded amortizatlon for the year on software, $5 Supplies counted on December 31, 2018, $12 m. Depreclation for the year on the equlpment, $5. n. Interest of $1 to accrue on notes payable. o. Salarles and wages earned but not yet pald or recorded, $13. p. Income tax for the year was $7. It will be pald In 2019. 9-a. How much net Income did H& H Tool, Inc. generate during 2018? What was Its net profit margin? 9-b. Is the company financed primarly by llabilities or stockholders equity? 9c. What Is Its current ratio? Complete this question by entering your answers in the tabs below. Req 9A Req 9B Req 9C How much net income did H & H Tool, Inc, generate during 2018? What was its net profit margin? (Enter "Net Income" in thousands of dollars. Round "Net Profit Margin" to 1 decimal place.) Net Income Net Profit Margin