please answer the first two questions

Hey VIIMUI Exercise 3-21A Complete the accounting cycle (LO3-3, 3-4,3-5, 3-6) On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings Totals Debit $23,900 5,300 3,200 51,000 $ 3,300 66,000 14,100 $83,400 $83,400 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $6,300 (5525/month). January 9 Purchase additional supplies on account, $3,600. January 13 Provide services to customers on account, $25,608. January 17 Receive cash in advance from customers for services to be provided in the future, $3,800. January 20 Pay cash for salaries, $11,680. January 22 Receive cash on accounts receivable, $24, 200. January 29 Pay cash on accounts payable, $4,100 rar! 7. Analyze the following features of Dynamite Fireworks financial condition a. What is the amount of profit reported for the month of January Book Income statement PT eferences b. Calculate the ratio of current assets to current liabilities at the end of January Current c. Based on Dynamite Freworks profit and ratio of current assets to current liabilities, indicate thether Dynamite Freworks appears 10 be in good or bad financial condition Good Bad