$ $ Cash Accounts receivable Supplies Equipment Land Building 6,700 30, 600 1,510 10,500 8,100 27,300 Accounts payable Unearned revenue Long-term note payable Common stock Additional paid-in capital Retained earnings 9,400 3,440 47,600 1,620 6,480 16,170 a. Rebuilt and delivered five planos in January to customers who paid $18,800 in cash. b. Received a $520 deposit from a customer who wanted her plano rebuilt. c. Rented a part of the building to a bicycle repair shop: received $840 for rent in January, d. Received $8,200 from customers as payment on their accounts. e. Received an electric and gas utility bill for $450 to be paid in February f. Ordered $940 in supplies. g. Paid $1,140 on account in January h. Received from the home of Stacey Eddy, the major shareholder, a $940 tool (equipment) to use in the business in exchange for 100 shares of $1 par value stock. 1. Paid $14,600 in wages to employees who worked in January J. Declared and paid a $2,200 dividend (reduce Retained Earnings and Cash). k. Received and paid cash for the supplies in ( E3-10 Part 4 4. What is net income if Stacey's used the cash basis of accounting? Net income ng Next