Kimberly Manis, an architect, organized Manis Architects on January 1, 2016. During the month, Manis Architects completed the following transactions:

A.	Issued common stock to Kimberley Manis in exchange for $20,500.
B.	Paid January rent for office and workroom, $1,600.
C.	Purchased used automobile for $28,900, paying $5,500 cash and giving a note payable for the remainder.
D.	Purchased office and computer equipment on account, $5,400.
E.	Paid cash for supplies, $1,450.
F.	Paid cash for annual insurance policies, $3,000.
G.	Received cash from client for plans delivered, $13,650.
H.	Paid cash for miscellaneous expenses, $3,000.
I.	Paid cash to creditors on account, $3,600.
J.	Paid installment due on note payable, $750.
K.	Received invoice for blueprint service, due in February, $3,500.
L.	Recorded fees earned on plans delivered, payment to be received in February, $20,400.
M.	Paid salary of assistants, $4,300.
N.	Paid gas, oil, and repairs on automobile for January, $2,000.

	Required:
1.	Record these transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid Insurance; Automobiles; Equipment; Notes Payable; Accounts Payable; Common Stock; Professional Fees; Salary Expense; Blueprint Expense; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the accounts, select the appropriate letter to identify the transaction.
2.	Determine account balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance.
3.	Prepare an unadjusted trial balance for Manis Architects as of January 31, 2016.
4.	Determine the net income or net loss for January.