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 finaneial cata are available: No dividends were declared or paid during January. E1-9 (Algo) Part 2 2-a. Did Miami Music Corporation generate a profit? No dividends were declared or paid during January. E1-9 (Algo) Part 2 2-a. Did Miami Music Corporation generate a profit? Yes No 2.b. Which financial statement indicates this? Income Statement Balance Sheet Income Statement and Balance Sheet None of these statements