Coronado Companys balance sheet at December 31, 2021, is presented below.

PLEASE HELP WITH ALL BLANKS AND RED BOXES. THANK YOU SO MUCH!!! :)

CORONADO COMPANY Balance Sheet December 31, 2021
Cash		$35,400		Accounts Payable		$16,225
Inventory		36,285		Interest Payable		295
Prepaid Insurance		7,080		Notes Payable		59,000
Equipment		44,840		Owners Capital		48,085
		$123,605				$123,605

During January 2022, the following transactions occurred. (Coronado Company uses the perpetual inventory system.)

1.		Coronado paid $295 interest on the note payable on January 1, 2022. The note is due December 31, 2023.
2.		Coronado purchased $308,098 of inventory on account.
3.		Coronado sold for $519,200 cash, inventory which cost $312,700. Coronado also collected $33,748 in sales taxes.
4.		Coronado paid $271,400 in accounts payable.
5.		Coronado paid $20,060 in sales taxes to the state.
6.		Paid other operating expenses of $35,400.
7.		On January 31, 2022, the payroll for the month consists of salaries and wages of $86,000. All salaries and wages are subject to 7.65% FICA taxes. A total of $10,540 federal income taxes are withheld. The salaries and wages are paid on February 1.

Adjustment data:

8.		Interest expense of $295 has been incurred in January on the notes payable.
9.		The insurance for the year 2022 was prepaid on December 31, 2021.
10.		The equipment was acquired on December 31, 2021, and will be depreciated on a straight-line basis over 5 years with a $2,360 salvage value.
11.		Employers payroll taxes include 7.65% FICA taxes, a 5.4% state unemployment tax, and an 0.6% federal unemployment tax.

Your swers partially correct. Prepare an adjusted trial balonce.uery 31, 2022 Round answers to decimal places.es 5275) CORONADO COMPANY Trial Balance January 21 2022 Debit Credit Ca Inventory B-Igment 44340 Accumulated Depreciation-imant 700 Account Payable 52923 Interest Notes Owner att Sale Revenu 435492 Sale The Coat of Good 212700 Other Dating Diperca 23400 Salland Waga 16000 Interet 295 Insurance 990 Deprecationen 100.. Payroler Expert 19727 FICATE 2130 Statem Federal Unemployment was Federcome the 10540 Sand Waga Total 797079 797290 CORONADO COMPANY Income Statement For the Month Ended January 31, 2022 > Sales Revenue $ 485452 Cost of Goods Sold 312700 i Gross Profit/(Loss) 172752 Operating Expenses Payroll Tax Expense $ TA 11739 i Salaries and Wages Expense 86000 i Other Operating Expenses 35400 Insurance Expense 590 i Depreciation Expense 708 Other Expenses and Losses 35400 Total Operating Expenses 141222 Net Income /(Loss) total 31530 Net Income/(Loss) $ 31530 Prepare an owner's equity statement for the month ending January 31, 2022. (Round answers to decimal places, e.g. 5,275.) CORONADO COMPANY Owner's Equity Statement For the Month Ended January 31, 2022 Gross Profit /(Loss) $ 48085 Add Net Income /(Loss) 31530 Owner's Capital, 1/31/22 $ 79615 Prepare a classified balance sheet as of January 31, 2022. (List current assets in order of liquidity. Round answers to decimal places, e.g. 5,275.) CORONADO COMPANY Balance Sheet Assets Current Assets Cash $ Inventory Total Current Assets $