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Rebuilt and delivered five pianos in January to customers who paid $19,000 in cash. b. Received a $600 deposit from a customer who wanted her

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Rebuilt and delivered five pianos in January to customers who paid $19,000 in cash. b. Received a $600 deposit from a customer who wanted her piano rebuilt. c. Rented a part of the building to a bicycle shop; received $850 for rent in January. d. Received $7, 200 from customers as payment on their accounts. e. Received an electric and gas utility bill for $400 to be paid in February. f. Ordered $960 in supplies. g. Paid $2, 300 on account in January. h. Received from the home of Stacey Eddy, the major shareholder, a $920 local (equipment) to use in the business for 100 shares of $1 per value stock. l. Paid $16, 500 in wages to employees who worked in January. j. Declared and paid a $2, 200 dividend (reduce Retained Earnings and Cash) k. Received and paid cash for the supplies in (f). Required: Prepare an income statement for January 31 (ignore income taxes.)

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