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help pls During January 2020, the first month of operations, a consulting firm had the following transactions: 1. Issued common stock to owners in exchange

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During January 2020, the first month of operations, a consulting firm had the following transactions: 1. Issued common stock to owners in exchange for $22,000 cash. 2. Purchased $5,500 of equipment, paying $1,650 cash and signing a promissory note for $3,850. 3. Received $9,900 in cash for consulting services performed in January. 4. Purchased $1,650 of supplies on account; all of the supplies were used in January. 5. Provided consulting services on account in the amount of $17,600. 6. Paid $825 on account. 7. Paid $3,300 to employees for work performed during January. 8. Received a bill for utilities for January of $3,750; the bill remains unpaid. What are the total expenses that will be reported on the income statement for the month ended January 31? Multiple Choice O O O $9,525. $4,950. $4,125 $8.700

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