Required information The following information applies to the questions displayed below On January 1, Year 1, the general ledger of a company includes the following account balances: Accounts Debit Cash Credit Accounts Receivable $ 26,900 15.100 Allowance for Uncollectible Accounts 1.550 Supplies 4.000 Notes Receivable (6%, due in 2 years) 19,900 Land 80,400 Accounts Payable 19,950 Common Stock 99,900 Retained Earnings 33,900 Totals $145,400 $145,400 During January Year 1. the following transactions occur January 2 Provide services to customers for cash, $50,100. January 6 Provide services to customers on account, $87,400. January 15 Write off accounts receivable as uncollectible, $3,500. January 20 Pay cash for salaries, $32,900. January 22 Receive cash on accounts receivable, $85,000. January 25 Pay cash on accounts payable, $7,000. January 30 Pay cash for utilities during January, $15,200. statement for the period ended January 31, Yea 4. Prepare an income statement for the period ended January 31, Year Income Statement For the year ended January 31, Year 1 Revenues: Total Revenues Expenses: Total Expenses