-I have updated it to show the general ledger statements .So, I have already figured out a good bit of this problem but I am kind of stuck on the rest. Please fill out the rest of the boxes and verify that the work I have already done is correct. Thanks in advance ! The question at hand is how to solve for and figure out the income state, calculate gross balance , profit percentage, etc (basically anything left blank)

One Trick Pony (OTP) incorporated and began operations near the end of the year, resulting in the following post-closing balances at December 31:

Cash	$	18,620
Accounts Receivable		9,650
Allowance for Doubtful Accounts		900*
Inventory		2,800
Unearned Revenue (30 units)		4,350
Accounts Payable		1,300
Notes Payable (long-term)		15,000
Common Stock		5,000
Retained Earnings		4,520

* credit balance.

The following information is relevant to the first month of operations in the following year:

	OTP will sell inventory at $145 per unit. OTPs January 1 inventory balance consists of 35 units at a total cost of $2,800. OTPs policy is to use the FIFO method, recorded using a perpetual inventory system.
	In December, OTP received a $4,350 payment for 30 units to be delivered in January; this obligation was recorded in Unearned Revenue. Rent of $1,300 was unpaid and recorded in Accounts Payable at December 31.
	OTPs note payable matures in three years, and accrues interest at a 10% annual rate.

19. Accrue interest for January on Jeff Letrotski's note on 01/31 (see Inventory 2,528 Jan 14 5,684 116 Cash Sales Discounts Accounts Receivable 5,800 Jan 16Salaries and Wages Expense 2,200 Cash 2,200 12 Jan 18 Allowance for Doubtful Accounts 1,000 Accounts Receivable 1,000 13 Jan 19 Rent Expense 1,300 Accounts Payable 1,300 Cash 2,600 Jan 26 Accounts Receivable 400 Allowance for Doubtful Accounts 400 Jan 26 Cash 400 Accounts Receivable 400 Jan 27 Utilities Expense 400 Accounts Payable 400 17 Jan 28 Accounts Receivable 9,425 Sales Revenue 9,425 Jan 28 Cost of Goods Sold 3,952 Inventory 3,952 Jan 30 Sales Returns and Allowances 2,175 19. Accrue interest for January on Jeff Letrotski's note on 01/31 (see Inventory 2,528 Jan 14 5,684 116 Cash Sales Discounts Accounts Receivable 5,800 Jan 16Salaries and Wages Expense 2,200 Cash 2,200 12 Jan 18 Allowance for Doubtful Accounts 1,000 Accounts Receivable 1,000 13 Jan 19 Rent Expense 1,300 Accounts Payable 1,300 Cash 2,600 Jan 26 Accounts Receivable 400 Allowance for Doubtful Accounts 400 Jan 26 Cash 400 Accounts Receivable 400 Jan 27 Utilities Expense 400 Accounts Payable 400 17 Jan 28 Accounts Receivable 9,425 Sales Revenue 9,425 Jan 28 Cost of Goods Sold 3,952 Inventory 3,952 Jan 30 Sales Returns and Allowances 2,175