On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	43,700
Accounts Receivable		46,500
Supplies		8,500
Equipment		74,000
Accumulated Depreciation				$	10,000
Accounts Payable					15,600
Common Stock, $1 par value					10,000
Additional Paid-in Capital					90,000
Retained Earnings					47,100
Totals	$	172,700		$	172,700

During January 2021, the following transactions occur:

January		2		Issue an additional 2,200 shares of $1 par value common stock for $44,000.
January		9		Provide services to customers on account, $16,600.
January		10		Purchase additional supplies on account, $5,900.
January		12		Purchase 1,200 shares of treasury stock for $24 per share.
January		15		Pay cash on accounts payable, $17,500.
January		21		Provide services to customers for cash, $50,100.
January		22		Receive cash on accounts receivable, $17,600.
January		29		Declare a cash dividend of $0.20 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 10,000 shares outstanding on January 1, 2021, and dividends are not paid on treasury stock.)
January		30		Resell 600 shares of treasury stock for $26 per share.
January		31		Pay cash for salaries during January, $43,000.

The following information is available on January 31, 2021.

1. Unpaid utilities for the month of January are $7,200.
2. Supplies at the end of January total $6,100.
3. Depreciation on the equipment for the month of January is calculated using the straightline method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $11,000.
4. Accrued income taxes at the end of January are $2,100.

Prepare a multiple-step income statement for the period ended January 31, 2021, in the 'Income statement' tab.

Choose the appropriate accounts to complete the company's income which will then populate the balances in those accounts from the ad Unadjusted Grand Finale Fireworks Multiple-Step Income Statement For the Month ended January 31, 2021 Total Revenue Total Operating Expenses