I need $1-4$ for this question.

Following are selected account balances (in millions of dollars) from a recent UPS annual report, followed by several typical transactions. Assume that the following are account balances on December 31 (end of the prior fiscal year): Account Property, plant, and equipment (net) Retained earnings Accounts payable Prepaid expenses Accrued expenses payable Long-term notes payable Other non-current assets Common stock ($0.01 par value) Balance $18,894 14,606 1,757 358 2,570 1 ,990 3,302 Account Receivables Other current assets Cash Spare parts, supplies, and fuel Other non-current liabilities Other current liabilities Additional Paid-in Capital Balance $2,799 1,129 1 ,384 894 4,040 2,439 1 ,357 These accounts are not necessarily in good order and have normal debit or credit balances. (Note: Because these are not all of UPS's accounts, these will not balance in a trial balance.) Assume the following transactions (in millions, except for par value) occurred the next fiscal year beginning January 1 (the current year): a. b. c. d. e. f. g. h. k. Provided delivery service to customers, who paid $13,890 in cash and owed $42,304 on account. Purchased new equipment costing $3,934; signed a long-term note. Paid $12,864 cash to rent equipment and aircraft, with $6,886 for rent this year and the rest for rent next year (a prepaid expense). Spent $1 ,364 cash to repair facilities and equipment during the year. Collected $39,285 from customers on account. Repaid $400 on a long-term note (ignore interest). Issued 200 million additional shares of $0.01 par value stock for $41 (that's $41 million). Paid employees $15,526 for work during the year. Purchased spare parts, supplies, and fuel for the aircraft and equipment for $14,064 cash. Used $7,700 in spare parts, supplies, and fuel for the aircraft and equipment during the year. Paid $1 ,284 on accounts payable. Ordered $138 in spare parts and supplies. Required: 1. Prepare journal entries for each transaction. 2. Enter the ending balances from December 31 as the respective beginning balances for January 1 of the current year. Record in the T-accounts the effects of each transaction. Label each using the letter of the transaction. 3. Prepare an unadjusted income statement for the current year ended December 31 . 4. Compute the company's net profit margin ratio for the current year ended December 31. Complete this question by entering your answers in the tabs below. Required I Required 2 Required 3 Required 4 Prepare journal entries for each transaction. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter amounts in millions, not dollars. View transaction list No 1 2 3 4 Transaction a. b. c. d. View journal entry worksheet General Journal Cash Accounts receivable Property, plant and equipment Long-term note payable Rental expense Prepaid expenses Repairs expense Cash Debit 13,890 42,304 3,934 6,886 5,978 1 ,364 Credit 3,934 1,364