John Doe started his business, Johns Landscaping, Inc. on January 5, 2021. The following information was obtained from the accounts of the company as of January 31, 2021. In the space provided, please prepare, in proper form, an Income Statement, Statement of Stockholders Equity and Balance Sheet for the MONTH ending January 31, 2021. You must solve for the Equipment value and provide at least 3 observations on profitability and 3 observations on liquidity.

Rent Expense 7,200 Common Stock 12,000

Cash 2,000 Accounts Payable 3,500

Dividends 1,000 Utilities Expense 500

Service Revenue 9,300 Supplies 2,800

Accounts Receivable 1,000 Misc. Expense 400

Equipment ?