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

During January $2024,$ the following transactions occur:

January $2$ Issue an additional $2,000$ shares of $$1$ par value common stock for $$40,000.$

January $9$ Provide services to customers on account, $$19,500.$

January $10$ Purchase additional supplies on account, $$6,700.$

January $12$ Purchase $1,200$ shares of treasury stock for $$21$ per share.

January $15$ Pay cash on accounts payable, $$18,300.$

January $21$ Provide services to customers for cash, $$50,900.$

January $22$ Receive cash on accounts receivable, $$18,400.$

January $29$ Declare a cash dividend of $$0\mathrm{.}30$ per share to all shares outstanding on January $29.$ The dividend is payable on February

$($Hint: Grand Finale Fireworks had $18,000$ shares outstanding on January $1,2024,$ and dividends are not paid on

treasury stock.$)$

January $30$ Resell $600$ shares of treasury stock for $$23$ per share.

January $31$ Pay cash for salaries during January, $$43,800.$

The following information is available on January $31,2024.$

a$.$ Unpaid utilities for the month of January are $$8,000.$

b$.$ Supplies at the end of January total $$6,900.$

c$.$ Depreciation on the equipment for the month of January is calculated using the straight$-$line method. At the time the equipment was

purchased, the company estimated a service life of three years and a residual value of $$11,800.$

d$.$ Accrued income taxes at the end of January are $$2,900.$

Record each of the transactions listed above in the 'General Journal' tab $($these are shown as items $1$ to $10).$ Review the

'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances.

Record adjusting entries on January $31.$ in the 'General Journal' tab $($these are shown as items $11$ to $14).$

Review the adjusted 'Trial Balance' as of January $31,2024,$ in the 'Trial Balance' tab.

Prepare a multiple$-$step income statement for the period ended January $31,2024,$ in the 'Income Statement' tab.

Prepare a classified balance sheet as of January $31,2024,$ in the 'Balance Sheet' tab.

Record the closing entries in the 'General Journal' tab $($these are shown as items $15$ to $17).$

Using the information from the requirements above, complete the 'Analysis' tab.