\begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Rent Expense } \\ \hline Beginning balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & & & \\ \hline \end{tabular} Complete this question by entering your answers in the tabs below. Using the data from this list, calculate the amounts for the following on January 1, 2024. Note: Enter your answers in thousands, not in dollars. Complete this question by entering your answers in the tabs below. Compute ending balances in the T-accounts to determine amounts for the following on December 31, 2024 : Note: Enter your answers in thousands, not in dollars. Massa Company, which has been operating for three years, provides marketing consulting services worldwide for dot-com companies. You are a financial analyst assigned to report on the Massa management team's effectiveness at managing its assets efficiently. At the start of 2024 (its fourth year), Massa's account balances were as follows. Dollars are in thousands. Transactions for 2024: a. Provided $58,000 in services to clients who paid $48,000 in cash and owed the rest on account. b. Received $5,600 cash from clients on account. c. Received $400 in cash as interest revenue on investments. Complete this question by entering your answers in the tabs below. Enter the beginning balances and 2024 transactions in the T-accounts. Note: Enter your answers in thousands, not in dollars. Complete this question by entering your answers in the tabs below. Calculate the net profit margin ratio for 2024 . Note: Round your answer to 2 decimal places. Transactions for 2024: a. Provided $58,000 in services to clients who paid $48,000 in cash and owed the rest on account. b. Received $5,600 cash from clients on account. c. Received $400 in cash as interest revenue on investments. d. Paid $36,000 in wages, $12,000 in travel, $7,600 in rent, and $1,600 on accounts payable. e. Received $1,600 in cash from clients in advance of services Massa will provide next year. f. Received a utility bill for $800 for 2024 services. g. Declared and immediately paid $480 in dividends to stockholders. Required: 1. Using the data from this list, calculate the amounts for the following on January 1, 2024. 2. Enter the beginning balances and 2024 transactions in the T-accounts. 3. Compute ending balances in the T-accounts to determine amounts for the following on December 31, 2024. 4. Calculate the net profit margin ratio for 2024. Complete this question by entering your answers in the tabs below