On January $1,2024,$ the general ledger of Grand Finale Fireworks includes the following account balances:

Accounts Debit Credit

Cash $ $44,400$

Accounts Receivable $47,900$

Supplies $9,200$

Equipment $81,000$

Accumulated Depreciation $$10,700$

Accounts Payable $16,300$

Common Stock, $$1$ par value $17,000$

Additional Paid$-$in Capital $97,000$

Retained Earnings $41,500$

Totals $$182,500$ $$182,500$

During January $2024,$ the following transactions occur:

January $2$ Issue an additional $2,100$ shares of $$1$ par value common stock for $$42,000.$

January $9$ Provide services to customers on account, $$19,300.$

January $10$ Purchase additional supplies on account, $$6,600.$

January $12$ Purchase $1,200$ shares of treasury stock for $$20$ per share.

January $15$ Pay cash on accounts payable, $$18,200.$

January $21$ Provide services to customers for cash, $$50,800.$

January $22$ Receive cash on accounts receivable, $$18,300.$

January $29$ Declare a cash dividend of $$0\mathrm{.}20$ per share to all shares outstanding on January $29.$ The dividend is payable on February $15.($Hint: Grand Finale Fireworks had $17,000$ shares outstanding on January $1,2024,$ and dividends are not paid on treasury stock.$)$

January $30$ Resell $500$ shares of treasury stock for $$22$ per share.

January $31$ Pay cash for salaries during January, $$43,700.$

$4.$ Prepare a multiple$-$step income statement for the period ended January $31,2024.$Prepare a multiple$-$step income statement for the period ended January $31,2024.$