On January $1,2024,$ Carrey Cannuck started a company with $$22,100$ cash.His balances on January $31$st are;

Cash $ $4,600$

Notes payable $$12,000$

Accounts receivable $4,000$

Accounts payable $500$

Service revenue $7,500$

Supplies expense $1,000$

Supplies $2,400$

Maintenance and repairs expense $600$

Advertising expense $400$

Utilities expense $300$

Equipment $26,000$

Salaries and wages expense $1,400$

Common stock $22,100$

In January, the company issued no additional stock but paid dividends of $$1,400.$

Prepare an income statement and a retained earnings statement for the month of January and a balance sheet at January $31,2024.$

Also, Calculate:

Net Profit Margin

Return On Investment

Dividend Payout Ratio