Drs. Glenn Feltham and David Ambrose began operations of their physical therapy clinic, called Northland Physical Therapy, on January 1, 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021, was as follows (the amounts are rounded to thousands of dollars to simplify): Transactions during 2021 (summarized in thousands of dollars) follow: a. Borrowed $28 cash on July 1,2021 , signing a six-month note payable. b. Purchased equipment for $31 cash on July 2,2021. c. Issued additional shares of common stock for $5 on July 3. d. Purchased software on July 4, $3 cash. e. Purchased supplies on July 5 on account for future use, $7. f. Recorded revenues on December 6 of $61, including $8 on credit and $53 received in cash. g. Recognized salaries and wages expense on December 7 of $36; paid in cash. h. Collected accounts receivable on December 8,$9. i. Paid accounts payable on December 9,$10. j. Received a \$3 cash deposit on December 10 from a hospital for a contract to start January 5, 2022. NORTHLAND PHYSICAL THERAPY Income Statement For the Year Ended December 31, 2021 (in thousands) NORTHLAND PHYSICAL THERAPY Statement of Retained Earnings For the Year Ended December 31, 2021 (in thousands) Balance, January 1, 2021 Balance, December 31, 2021 0 NORTHLAND PHYSICAL THERAPY Balance Sheet At December 31, 2021 Calculate the Net Pofit Margin and Current Ratio. Net inanmann han fawnan Inanmantatement tab. (Hint: Select Adjusted on the dropdown.) Statement of Retained Earnings