Balance Sheets, Net Income Financial information related to Ebony Interiors for February and March 20Y3 is as follows: February 28, 20Y3 March 31, 20Y3 Cash $115,400 $196,000 Accounts receivable 65,400 75,200 Supplies 5,800 4,800 Accounts payable 29,600 32,000 Common stock 130,000 170,000 Retained earnings ? ? a. Prepare balance sheets for Ebony Interiors as of February 28, 20Y3. Ebony Interiors Balance Sheet February 28, 20Y3 Assets Cash $ Accounts receivable Retained earnings Total assets $ Liabilities Accounts payable $ Stockholders' Equity $ Total stockholders' equity Total liabilities and stockholders' equity $ Prepare balance sheets for Ebony Interiors as of March 31, 20Y3. Ebony Interiors Balance Sheet March 31, 20Y3 Assets Cash $ Accounts receivable Common stock Total assets $ Liabilities $ Stockholders' Equity $ Total stockholders' equity Total liabilities and stockholders' equity $ b. Determine the amount of net income for March, assuming that no additional common stock was issued and no dividends were paid during the month. $ c. Determine the amount of net income for March, assuming that no additional common stock was issued, but dividends of $24,000 were paid during the month. $