eBook Financial Statements SLO Health Care Inc. is owned and operated by Morgan Denby, the sole stockholder. During January 2016, San Mateo Health Care entered into the following transactions: Jan. 1 Received $13,500 from Glenn Company as rent for the use of a vacant office in SLO Health Care's building. Glenn paid the rent nine months in advance. 1 Paid $3,000 for a one-year general insurance business policy. 6 Purchased supplies of $900 on account. 9 Collected $16,000 for services provided to customers on account 11 pand creditors $2.500 on account. 15 Invested an additional 55.000 in the business in exchange for common stock 20 led patients $26,000 for services provided on account. 25 Received 57.500 for services provided to customers who paid cash 30 Paid expenses as follows wages, 515,500 utilities, 54.250 rent on medical equipment. 52,650 interest, $100 and miscellaneous 30 videos of 54,000 to stockholder (Dr. Denty). Adjustment data for Health Care Inc. for January are as follow 2. Suppies on and on January 31, 5600 eBook During January 2016, San Mateo Health Care entered into the following transactions: Jan. 1 Received $13,500 from Glenn Company as rent for the use of a vacant office in SLO Health Care's building. Glenn paid the retnine months in advance 1 Paid $3,000 for a one year general insurance business policy, 6 Purchased supplies of $900 on account. 9. Collected 516,000 for services provided to customers on account. 11 Paid creditors $2,500 on account. 18 Invested an additional $5,000 in the business in exchange for common stock. 20 Billed patients $26,000 for services provided on account. 25 Received $7,500 for services provided to customers who paid cash. 30 Paid expenses as follows: wages, $15,500 utilities, $4,250 rent on medical equipment, $2,650 interest, 5100 and miscellaneous $1,500. 30 Paid dividends of $4,000 to stockholder (Dr. Denby) Adjustment data for 5LO Health Care Inc. for January are as follows: 1. Insurance expired, 5450 2. Supplies on and on January 31, 5600 3. Derection on building. 51,150 4. Uneamed rent revenue camned, 51,500. 5. Wages owed employees but not paid, 51,450. 6. Services provided but not billed to patients, 52,500 Presented in the integrated inancial statement format are after adjustment balances for January eBook TSLUCTU115 Prepare an income statement for January. SLO HEALTH CARE INC. Income Statement For the Month Ended January 31, 2016 Fees earned Operating expenses: Wages expense Utilities expense Rent expense Depreciation expense Quilli!