Please answer using corresponding tables to 6-a, 6-b, and 6-c.

Fast Deliveries, Incorporated (FDI), was organized in December last year and had limited activity last year. The resulting balance sheet at the beginning of the current year is provided below: FAST DELIVERIES, INCORPORATED Balance sheet at January 1 Assets: Liabilities: Cash $ 12,900 Accounts Payable $ 500 Accounts Receivable 790 Stockholders' Equity Supplies 420 Common Stock 11,712 Retained Earnings 1,9ee Total Assets $ 14,110 Total Liabilities and Stockholders' Equity $ 14,110 Two employees have been hired, at a monthly salary of $2,060 each. The following transactions occurred during January of the current year January 1 2 3 5 DVOMA 10 ze 25 36,000 is paid for 12 months insurance starting January 1. (Record as an asset.) $3,600 is paid for 12 months of rent beginning January 1. (Record as an asset.) FDI borrows $25,200 cash from First State Bank at 4% annual interest; this note is payable in two years A delivery van is purchased using cash. Including tax, the total cost was $28,8ee. Stockholders contribute $8,eee of additional cash to FDI for its common stock. Additional supplies costing $1,400 are purchased on account and received. $8ee of accounts receivable arising from last year's December sales are collected $400 of accounts payable from December of last year are paid. Performed services for customers on account. Sent invoices totaling $11,000. 57,400 of services are performed for customers who paid immediately in cash. $2,060 of salaries are paid for the first half of the month FDI receives $3,700 cash from a customer for an advance order for services to be provided later in January and in February $3,600 is collected from customers on account (see January 9 transaction) Additional information for adjusting entries A $900 bill arrives for January utility services. Payment is due February 15. Supplies on hand on January 31 are counted and determined to have cost $250. As of January 31, FOI had completed tes of the deliveries for the customer who paid in advance on January 20 Accrue one month of Interest on the bank loan. Yearly interest is determined by multiplying the amount borrowed by the annual interest rate (expressed as 0.04). For convenience, calculate January interest as one-twelfth of the annual interest. Assure the van will be used for 4 years, after which it will have no value. Thus, each year, one-fourth of the Van's benefits will be used up, which implies annual depreciation equal to one-fourth of the van's total cost Record depreciation for the month of January, equal to one twelfth of the annual depreciation expense. Salaries earned by employees for the period from January 16 to 31 are $1,030 per employee and will be paid on February ). Adjust the prepaid asset accounts for rent and insurance) as needed January 31a 31b. 310 31d. 3le 311 313 C4.6 (Algo) Part 6 Required: 6-a. Prepare an income statement 6-b. Prepare the statement of retained earnings 6.c. Prepare the balance sheet Required: 6-a. Prepare an income statement. 6-b. Prepare the statement of retained earnings. 6-c. Prepare the balance sheet. Complete this question by entering your answers in the tabs belov Req 6A Reg 6B Req 60 Prepare an income statement. FAST DELIVERIES, INCORPORATED Income Statement 0 6-a. Prepare an income statement. 6-b. Prepare the statement of retained earnings. 6-c. Prepare the balance sheet. Complete this question by entering your answers in the tabs be Req 6A Req 6B Req 6C Prepare the statement of retained earnings. FAST DELIVERIES, INCORPORATED Statement of Retained Earnings Retained earnings, beginning of period Retained earnings, end of period $ 0 6-a. Prepare an income statement. 6-b. Prepare the statement of retained earnings 6-c. Prepare the balance sheet. Complete this question by entering your answers in the tabs below. Reg 6A Req 6B Req6C Prepare the balance sheet. (Amounts to be deducted should be indicated by a minus sign.) FAST DELIVERIES, INCORPORATED Balance Sheet 0 0 0 0 $ $ 0