Question 3) On January 1, Greathouse Greenhouse Co. was started with an initial investment in the company of $55,354 cash. Here are the assets, liabilities, and owners' equity of the company at January 31, and the revenues and expenses for the month of January, its first month of operations: Accounts receivable Service revenue Equipment Rent expense Cash Supplies Unearned revenue $6,688 Accounts payable 10,001 Supplies expense 49,126 Salaries expense 4,038 Utilities expense 17,259 Notes payable 3,928 Cost of goods sold 2,858 Product revenue $1,995 2,851 3,963 1,999 16,550 7,956 6,606 In January, the company paid no dividends but issued additional common stock of $4,444. Instructions (part (a) in color): a. Prepare an income statement and a retained earnings statement for the month of January and a balance sheet at January 31, 2022. b. Briefly explain whether the company's first month of operations was a success. c. Why do you think Greathouse Greenhouse did not pay any dividends out?