Required Information On January 1, 2024, the general ledger of Big Blast Fireworks Includes the following account balances: The $43,000 beginning balance of Inventory consists of 430 unlts, each costing $100. Durlng January 2024 , Big Blast Fireworks had the following inventory transactions: January 3 Purchase 1,150 units for $121,900 on account ( $106 each). January 8 Purchase 1,250 units for $138,750 on account ( $111 each). January 12 Purchase 1,350 units for $156,600 on account ( $116 each). January 15 Return 165 of the units purchased on January 12 because of defects. January 19 Sell 3,900 units on account for $624,000. The cost of the units sold is determined using a fIFo perpetual inventory system. January 22 Receive $573,000 from customers on accounts receivable. January 24 Pay $380,000 to inventory suppliers on accounts payable. January 27 Write off accounts receivable as uncollectible, $2,200. January 31 Pay cash for salaries during January, $132,80. The following Information Is avallable on January 31, 2024. a. At the end of January, the company estimates that the remalning units of Inventory purchased on January 12 are expected to sell In February for only $100 each. [Ht: DetermIne the number of unlts remaining from January 12 after subtracting the units returned on January 15 and the unlts assumed sold (FIFO) on January 19.] b. The company records an adjusting entry for $3,750 for estimated future uncollectible accounts. c. The company accrues Interest on notes payable for January. Interest is expected to be pald each December 31. d. The company accrues Income taxes at the end of January of $13,600. \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ BIG BLAST FIREWORKS } \\ \hline \multicolumn{2}{|c|}{ Multiple-Step Income Statement } \\ \hline \multicolumn{2}{|c|}{ For the Month Ended January 31, 2024} \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline 7 & \\ \hline & \\ \hline Total operating expenses & 0 \\ \hline Operating income (loss) & \\ \hline & \\ \hline & \\ \hline & \\ \hline 7 & \\ \hline & \\ \hline \end{tabular}