E3-10 (Algo) Preparing an Income Statement LO3-5 Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: a. Rebuilt and delivered five pianos in January to customers who paid $18,700 in cash. b. Received a $550 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle repair shop; received $890 for rent in January. d. Received $7,900 from customers as payment on their accounts. e. Received an electric and gas utility bill for $520 to be paid in February. f. Ordered $900 in supplies. g. Paid $1,140 on account in January. h. Received from the home of Stacey Eddy, the major shareholder, a $950 tool (equipment) to use in the business in exchange for 130 shares of $1 par value stock. i. Paid $14,000 in wages to employees who worked in January. j. Declared and paid a \$2,500 dividend (reduce Retained Earnings and Cash). k. Received and paid cash for the supplies in ( f ). I. Paid $330 in interest expense on the long-term note payable. Required: Prepare an unadjusted classified income statement for January of the second year (ignore income taxes)