Alpine Stables, Incorporated, is established in Denver, Colorado, on April 1, 2023, to provide stables, animal care, and grounds for riding and showing horses. You have been hired as the new assistant controller. The following transactions for April 2023 are provided for your review. a. Received contributions of $68,000 in cash from flve investors ($13,600 each), a barn valued at $116,000, land valued at $98,000, and supplies valued at $20,000. Each investor recelved 11,000 shares of stock with a par value of $0,01 per share. b. Bulit a small barn for $70,000. The company paid half the amount in cash on April 1, 2023, and signed a three-year note payable for the balance. Provlded $43,260 in animal care services for customers, all on credit. . Rented stables to customers who cared for their own animals; received cash of $21,200. e. Recelved from a customer $5,600 to board her horse in May, June, and July (record as unearned revenue). f. Purchased hay and feed supplies on account for $8,610 to be used in the summer. g. Paid $4,440 in cash for water utilities incurred in the month. h. Paid $10,700 on accounts payable for previous purchases. 1. Received $18,000 from customers on accounts receivable. j. Pald $14,000 in wages to employees who worked during the month. k. At the end of the month, purchased a two-year insurance policy for $8,400. 1. Recelved an electric utility bill for $5,000 for usage in April; the bill will be paid next month. m, Paid $260 cash dividend to each of the five investors at the end of the month. Required: 1 and 2.Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts with the transaction letter. All accounts begin with zero balances. 3. Prepare an unadjusted income statement for April. 5.After three years in business, you are being evaluated for a promotion to chief financial officer. One measure is how effectively you have managed the revenues and expenses of the business. The following annual data are available; Requirea: 1 and 2. Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts with the transaction letter. All accounts begin with zero balances. 3. Prepare an unadjusted income statement for April. 5.After three years in business, you are being evaluated for a promotion to chief financlal officer. One measure is how effectively you have managed the revenues and expenses of the business. The following annual data are available: The end of 2025. Alpine Stables decided to bulld an indoor riding arena for giving lessons year-round. The company borrowed construction funds from a local bank in 2025 and the arena was opened in early 2026. 5-a. Calculate the net profit margin ratio for each year. 5.b. Do you think you should be promoted? Answer is not complete. Complete this question by entering your answers in the tabs below. Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts wr begin with zero balances. X Answer is not complete. Complete this question by entering your answers in the tabs below. Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts wi begin with zero balances. vopsanb of usmay \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Required 3> Prepare an unadjusted income statement for April. Alpine Stables, Incorporated, is established in Denver, Colorado, on April 1, 2023, to provide stables, animal care, and grounds for riding and showing horses. You have been hired as the new assistant controller. The following transactions for April 2023 are provided for your review. a. Received contributions of $68,000 in cash from flve investors ($13,600 each), a barn valued at $116,000, land valued at $98,000, and supplies valued at $20,000. Each investor recelved 11,000 shares of stock with a par value of $0,01 per share. b. Bulit a small barn for $70,000. The company paid half the amount in cash on April 1, 2023, and signed a three-year note payable for the balance. Provlded $43,260 in animal care services for customers, all on credit. . Rented stables to customers who cared for their own animals; received cash of $21,200. e. Recelved from a customer $5,600 to board her horse in May, June, and July (record as unearned revenue). f. Purchased hay and feed supplies on account for $8,610 to be used in the summer. g. Paid $4,440 in cash for water utilities incurred in the month. h. Paid $10,700 on accounts payable for previous purchases. 1. Received $18,000 from customers on accounts receivable. j. Pald $14,000 in wages to employees who worked during the month. k. At the end of the month, purchased a two-year insurance policy for $8,400. 1. Recelved an electric utility bill for $5,000 for usage in April; the bill will be paid next month. m, Paid $260 cash dividend to each of the five investors at the end of the month. Required: 1 and 2.Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts with the transaction letter. All accounts begin with zero balances. 3. Prepare an unadjusted income statement for April. 5.After three years in business, you are being evaluated for a promotion to chief financial officer. One measure is how effectively you have managed the revenues and expenses of the business. The following annual data are available; Requirea: 1 and 2. Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts with the transaction letter. All accounts begin with zero balances. 3. Prepare an unadjusted income statement for April. 5.After three years in business, you are being evaluated for a promotion to chief financlal officer. One measure is how effectively you have managed the revenues and expenses of the business. The following annual data are available: The end of 2025. Alpine Stables decided to bulld an indoor riding arena for giving lessons year-round. The company borrowed construction funds from a local bank in 2025 and the arena was opened in early 2026. 5-a. Calculate the net profit margin ratio for each year. 5.b. Do you think you should be promoted? Answer is not complete. Complete this question by entering your answers in the tabs below. Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts wr begin with zero balances. X Answer is not complete. Complete this question by entering your answers in the tabs below. Record in the T-accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts wi begin with zero balances. vopsanb of usmay \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Required 3> Prepare an unadjusted income statement for April