Apple Inc. has the following transactions for the month of January 2023:

1. Purchased raw materials worth $50,000 on account.
2. Paid salaries of $30,000.
3. Sold finished goods for $100,000, 80% on credit.
4. Received $60,000 from debtors.
5. Paid $20,000 to creditors.
6. Depreciation expense for the month was $5,000.

Requirements:

1. Record the transactions in the appropriate ledger accounts.
2. Prepare a trial balance as of January 31, 2023.
3. Construct an income statement for the month ended January 31, 2023.