Jessica Pothier opened FunFlatables on June 1. The company rents out moon walks and inflatable slides for parties and corporate events. The company also has obtained the use of an abandoned ice rink located in a local shopping mall, where its rental products are displayed and available for casual hourly rental by mall patrons. The following transactions occurred during the first month of operations. a. Jessica contributed $50,000 cash to the company on June 1 in exchange for its common stock. b. Purchased inflatable rides and inflation equipment on June 2, paying $25,500 cash. c. Received $8,600 cash from casual hourly rentals at the mall on June 3. d. Rented rides and equipment to customers for $12,300. Received cash of $2,400 on June 4 and the rest is due from customers. e. Received $2,400 from a large corporate customer on June 5 as a deposit on a party booking for July 4. f. Began to prepare for the July 4 party by purchasing and receiving various party supplies on June 6 on account for $1,140. g. On June 7, paid $9,000 in cash for renting the mall space this month. h. On June 8, prepaid next month's mall space rental charge of $9,000. i. Received $2,600 on June 9 from customers on accounts receivable. j. Paid $1,800 for running a television ad on June 10. k. Paid $5,600 in wages to employees on June 30 for work done during the month. Answer is complete but not entirely correct. Requirement General Journal General Ledger Trial Balance Analysis Refer to the revenues and expenses shown on the unadjusted trial balance to calculate preliminary net income and net profit margin. (Round your Net Profit Margin answer to 1 decimal place.) Preliminary Net Income $ 6,900 x Net Profit Margin 1.4 X % Determine whether the net profit margin is better or worse than the 30.0 percent earned by a close competitor. Worse