$*$Do statment of retained earing and balance sheet$**$Also what would j be on the general journal$*$ THANKYOU

Grid Iron Prep Incorporated $($GIPI$)$ is a service business incorporated in January of the current year to provide personal training for

athletes aspiring to play college football. The following transactions occurred during the month ended January $31.$

a$.$ GIPI issued stock in exchange for $$180,000$ cash on $\frac{1}{01}.$

b$.$ GIPI purchased a gymnasium building and gym equipment on $\frac{1}{02}$ for $$56,000,80\%$ of which related to the gymnasium and

$20\%$ to the equipment.

c$.$ GIPI paid $$500$ cash on $\frac{1}{03}$ to have the gym equipment refurbished before it could be used.

d$.$ GIPI provided $$5,000$ in training on $\frac{1}{04}$ and expected collection in February.

e$.$ GIPI collected $$44,000$ cash in training fees on $\frac{1}{10},$ of which $$39,000$ related to January and $$5,000$ related to February.

$f.$ GIPI paid $$25,000$ of wages and $$8,500$ in utilities on $\frac{1}{30}.$

g$.$ GIPI will depreciate the gymnasium building using the straight$-$line method over $10$ years with a residual value of $$6,000.$ Gym

equipment will be depreciated using the double$-$declining$-$balance method, with an estimated residual value of $$2,500$ at the

end of its four$-$year useful life. Record depreciation on $1/31$ equal to one$-$twelfth the yearly amount.

h$.$ GIPI received a bill on $\frac{1}{31}$ for $$120$ for advertising done on $\frac{1}{31}.$ The bill has not been paid or recorded.

$i.$ GIPI uses the aging method for estimating doubtful accounts and, on $\frac{1}{31},$ will record an estimated $3$ percent of its under$-30-$

day$-$old accounts as not collectible.

j$.$ GIPI's income tax rate is $30\%.$ Assume depreciation for tax is the same amount as depreciation for financial reporting purposes.