Required information [The following information applies to the questions displayed below.) Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: $ $ Cash Accounts receivable Supplies Equipment Land Building 7,000 30,000 1,520 10,100 7,300 27,100 Accounts payable Unearned revenue Long-term note payable Common stock Additional paid-in capital Retained earnings 9,500 3,740 47,300 1,540 6,160 14,780 a. Rebuilt and delivered five pianos in January to customers who paid $19,300 in cash. b. Received a $570 deposit from a customer who wanted her piano rebuilt. C. Rented a part of the building to a bicycle repair shop; received $840 for rent in January. d. Received $7,200 from customers as payment on their accounts. e. Received an electric and gas utility bill for $490 to be paid in February. f. Ordered $900 in supplies. g. Paid $1,540 on account in January. h. Received from the home of Stacey Eddy, the major shareholder, a $900 tool (equipment) to use in the business in exchange for 120 shares of $1 par value stock. i. Paid $15,000 in wages to employees who worked in January. j. Declared and paid a $1,900 dividend (reduce Retained Earnings and Cash). k. Received and paid cash for the supplies in (f). 3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Revenues Expenses = Net income Assets Liabilities + Stockholders' equity