Required information E1-9 (Algo) Preparing an Income Statement and Balance Sheet [LO 1-2, LO 1-3] [The following information applies to the questions displayed below.] Five individuals organized Miami Music Corporation on January 1 . At the end of January 31 , the following monthly financial data are available: No dividends were declared or paid during January. E1-9 (Algo) Part 1 Required: 1. Complete the following income statement and balance sheet for the month of January. Complete this question by entering your answers in the tabs below. Complete the following income statement and balance sheet for the month of January. Complete this question by entering your answers in the tabs below. Prepare an income statement for the month of January. Prepare the balance sheet for the month of January