Land Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of S14. At the start of January 2021. VGC's income statement accounts had zero balances and its balance sheet account balances were as follows Cash $ 2,410,000 Accounts Receivable 218,000 Supplies 17,700 Equipment 950,000 Buildings 440,000 1,620,000 Accounts Payable 150, eee Deferred Revenue 145,eee Notes Payable (due 2025) 65,800 Common Stock 2,400, een Retained Earnings 2,895,700 In addition to the above accounts, VGC's chart of accounts includes the following Service Revenue, Salaries and Wages Expense. Advertising Expense, and Utilities Expense. The January transactions are shown below: a. Received $54,500 cash from customers on 1/1 for subscriptions that had already been eamed and charged on account in 2020 b. Purchased 10 new computer servers for $42,000 on 12 paid $19.200 cash and signed a three-year note for the remainder owed. c Paid $16,800 for an Internet advertisement run on 13. d. On January 4. purchased and received $4,600 of supplies on account e Received $195,000 cash on 1/5 from customers for service revenue earned in January I Paid $4,600 cash to a supplier on January 6 g. On January 7, sold 14,400 subscriptions at $14 each for services provided during January. Hoit was collected in cash and half was sold on account n. Pald $371,000 in wages to employees on 1/30 for work done in January On January 31, received an electric and gas utility bill for $6.170 for January utility services. The bill will be pard February Balance Sheet Balance Analysis General General Income Stunt of Requirement Retained Trial Balance Journal Ledger Statement Earnings Calculate net profit margin, expressed as a percent (Round your answer to 1 decimal place) Net Profit Marin