Part A

STC records the following transactions for the month of February 2019. For each of the following transactions, record the event in the below Balance Sheet Equation (BSE) template. All relevant book-keeping entries are made at the end of each month.

Feb 12: Acquires inventory costing $8,980 on account.

Cash Asset	+	Noncash Assets	=	Liabilities	+	Contributed Capital	+	Retained Earnings

Part B

Feb 16: Pays the supplier in (a) the amount due.

Cash Asset	+	Noncash Assets	=	Liabilities	+	Contributed Capital	+	Retained Earnings

Part C

Feb 26: Sells half of the inventory for $11,700 in cash.

Cash Asset	+	Noncash Assets	=	Liabilities	+	Contributed Capital	+	Retained Earnings

Part D

Feb 28: Pays $910 to employees for February wages. In addition, calculates employee bonuses for the month of February 2019 to be $210. These bonuses will be paid on March 2, 2019.

Cash Asset	+	Noncash Assets	=	Liabilities	+	Contributed Capital	+	Retained Earnings

What is STCs net income for February?