IV.(10 points) Answer the following questions. 1. (4 points) On October 1st, a bookstore paid a total of $1,000 in cash and acquired ten IPods (thus $100 each) for future sales. It's also known that these IPods can be possibly sold on the market at a price of $150 each. Prepare proper T-accounts below to show the impact of the IPods acquisition on 10/1for this bookstore. (Note: For this question, please ignore the beginning and ending balances of each account.) On 10/1: 2. (6 points) A local company had the following financial data on January 1, 2021: total assets $55,000, total liabilities $45,000, and total owners' equity $10,000. During January 2021, the company's total assets increased by $15,000 while its total liabilities decreased by $5,000. It is also known that the company issued additional common stock totaling $3,000 and paid no dividends in January 2021. How much net income, if any, did the company make for January 2021? Show your calculations