Brothers Harry and Herman Hausyerday began operations of their machine shop (H&H Tool, Incorporated) on January 1,2020 . The annual reporting period ends December 31. The trial balance on January 1, 2021, follows (the amounts are rounded to thousands of dollars to simplify): Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a short-term note. b. Purchased land on March 2 for future building site; paid cash, $9. c. Issued additional shares of common stock on April 3 for $23. d. Purchased software on July 4 , $10 cash. e. Purchased supplies on account on October 5 for future use, $18. f. Paid accounts payable on November 6,$13. g. Signed a $25 service contract on November 7 to start February 1, 2022. h. Recorded revenues of $160 on December 8 , including $40 on credit and $120 collected in cash. i. Recognized salaries and wages expense on December 9 , $85 paid in cash. j. Collected accounts receivable on December 10, \$24. Data for adjusting journal entries as of December 31: k. Unrecorded amortization for the year on software, $5. I. Supplies counted on December 31, 2021, \$10. m. Depreciation for the year on the equipment, $6. n. Interest of $1 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded, $12. p. Income tax for the year was $8. It will be paid in 2022 . (Enter all of your answers in thousands of dollars. (i.e., $100,000 should be entered as $100 )). Use the dropdowns to select the accounts properly included on the classified balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Enter all of your answers in thousands of dollars. (i.e., $100,000 should be entered as $100 )). Calculate the Net Income, Net Profit Margin and Current Ratio. Net income can be found on Income statement tab. (Hint Select Adjusted on the dropdown.) How mch net income did H \& H Thnl Incornorated nenerate dirinn 20212 What was itc net nrafit