i have this information to answer this question

Question 1 2.5 pts What is net income for Gotham for March? TRANSACTIONS - February This is not the firm's first month of business; that is why there are beginning balances in the T-Accounts on the General Ledger. Gotham is a retailer of T-shirts, typically bought by vacationers, visiting the mid-Missouri area. February has 28 days. 2/3/20X1 Gotham issues $5,000 in stock to increase capital in its company. 2/5/20x1 Gotham purchases more T-shirts for inventory on credit. Gotham is able to negotiate a deal to purchase 800 T-shirts for $2/each from its supplier. 2/6/20X1 Gotham purchases a new building for its warehouse for $60,000. A note is signed for the whole balance. 2/9/20X1 Supplies of $5,000 cash are purchased for the year. 2/11/20X1 Gotham receives a bill for accounting services that it received on 2/1/20X1 worth $1,500. Gotham pays cash immediately. 2/15/20X1 Gotham makes its first T-shirt sale on credit! It sells 1,000 T-shirts for $35/each. Gotham uses the LIFO perpetual assumption for inventory. Gotham purchases a piece of land for $200,000 that it plans to use in the 2/20/20X1 future for another warehouse development. Right now, it will remain as land. Gotham increases its loan balance with the bank for this purchase. It's payday for Gotham's employees; the total amount in wages is $3,000 for the month, and it is paid in cash immediately. It's the end of the month of February for Gotham. What adjustments need to be made? TRANSACTIONS - March This is that start of March for Gotham -- make sure you begin March where you ended February for all of the permanent accounts. 3/1/20x1 Gotham needs cash and issues a $100,000,5-year, 5% coupon bond when market rates are 6%. 3/3/20X1 Gotham purchases 500 T-shirts from its supplier for $2.50/each on credit. 3/6/20X1 Gotham makes another sale! Gotham Sells 601 shirts for $35/each on credit. Legal Experts Inc. is hired by Gotham to perform legal services that might 3/9/20X1 come up during the year. Gotham signs a contract to use Legal Experts. Estimated legal costs for the year are $2,500. 3/15/20X1 Gotham receives $25,000 cash from its customers from previous purchases. 3/19/20X1 Gotham makes another sale! Gotham sells 50 shirts for $40/each for cash. 2/25/90x4 It's payday for Gotham's employees. The total wages is $2,500 and is paid in cash immediately. Gotham records interest related to the bank loan and pays the bank all interest owed as of 3/31. y Gotham records depreciation for the month of March related to the Building. Later in the day, Gotham sells the building for $55,000 cash. It's the end of the month of March for Gotham. What adjustments need to be made? Question 1 2.5 pts What is net income for Gotham for March? TRANSACTIONS - February This is not the firm's first month of business; that is why there are beginning balances in the T-Accounts on the General Ledger. Gotham is a retailer of T-shirts, typically bought by vacationers, visiting the mid-Missouri area. February has 28 days. 2/3/20X1 Gotham issues $5,000 in stock to increase capital in its company. 2/5/20x1 Gotham purchases more T-shirts for inventory on credit. Gotham is able to negotiate a deal to purchase 800 T-shirts for $2/each from its supplier. 2/6/20X1 Gotham purchases a new building for its warehouse for $60,000. A note is signed for the whole balance. 2/9/20X1 Supplies of $5,000 cash are purchased for the year. 2/11/20X1 Gotham receives a bill for accounting services that it received on 2/1/20X1 worth $1,500. Gotham pays cash immediately. 2/15/20X1 Gotham makes its first T-shirt sale on credit! It sells 1,000 T-shirts for $35/each. Gotham uses the LIFO perpetual assumption for inventory. Gotham purchases a piece of land for $200,000 that it plans to use in the 2/20/20X1 future for another warehouse development. Right now, it will remain as land. Gotham increases its loan balance with the bank for this purchase. It's payday for Gotham's employees; the total amount in wages is $3,000 for the month, and it is paid in cash immediately. It's the end of the month of February for Gotham. What adjustments need to be made? TRANSACTIONS - March This is that start of March for Gotham -- make sure you begin March where you ended February for all of the permanent accounts. 3/1/20x1 Gotham needs cash and issues a $100,000,5-year, 5% coupon bond when market rates are 6%. 3/3/20X1 Gotham purchases 500 T-shirts from its supplier for $2.50/each on credit. 3/6/20X1 Gotham makes another sale! Gotham Sells 601 shirts for $35/each on credit. Legal Experts Inc. is hired by Gotham to perform legal services that might 3/9/20X1 come up during the year. Gotham signs a contract to use Legal Experts. Estimated legal costs for the year are $2,500. 3/15/20X1 Gotham receives $25,000 cash from its customers from previous purchases. 3/19/20X1 Gotham makes another sale! Gotham sells 50 shirts for $40/each for cash. 2/25/90x4 It's payday for Gotham's employees. The total wages is $2,500 and is paid in cash immediately. Gotham records interest related to the bank loan and pays the bank all interest owed as of 3/31. y Gotham records depreciation for the month of March related to the Building. Later in the day, Gotham sells the building for $55,000 cash. It's the end of the month of March for Gotham. What adjustments need to be made