Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows: February 28, 2018 March 31, 2018 Cash 352,800 207,900 117,800 135,400 Accounts receivable Supplies 8,600 10,400 $53,300 $57,600 Accounts payable Common stock Retained earnings 130,000 130,000 ? ? a. Prepare balance sheets for Ebony Interiors as of February 28, 2018. Ebony Interiors Balance Sheet February 28, 2018 Assets Cash 207,900 Accounts receivable 117,800 Supplies 10,400 Total assets 336,100 Liabilities Accounts payable 53,300 Stockholders' Equity 130,000 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Feedback Prepare balance sheets for Ebony Interiors as of March 31, 2016. Ebony Interiors Balance Sheet March 31, 2018 Assets Cash 352,800 135,400 Accounts receivable Supplies 8,600 Total assets 496,800 Liabilities Accounts payable 57,600 Stockholders' Equity 130,000 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity b. Determine the amount of net income for March, assuming that no additional common stock was issued and no dividends were paid during the month. c. Determine the amount of net income for March, assuming that no additional common stock was issued, but dividends of $43,200 were paid during the month