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 6,200 30,800 1,450 10.600 B,100 26,800 Accounts payable Unearned revenue Long-term note payable Common stock Additional paid in capital Retained earnings $ 8,700 3,840 47,500 1,660 6,640 15,610 a. Rebuilt and delivered five planos in January to customers who paid $18,900 in cash b. Received a $510 deposit from a customer who wanted her plano rebuilt. c. Rented a part of the building to a bicycle repair shop: received $900 for rent in January d. Received $8,100 from customers as payment on their accounts, e. Received an electric and gas utility bill for $500 to be paid in February f. Ordered $910 in supplies. g. Pald $2,040 on account in January h. Received from the home of Stacey Eddy, the major shareholder, a $990 tool (equipment) to use in the business in exchange for 100 shares of $1 par value stock. L. Paid $14,300 in wages to employees who worked in January J. Declared and paid a $2.400 dividend (reduce Retained Earnings and Cash) k. Received and paid cash for the supplies in (0. Required: 1 & 2. Enter the following transactions for January of the second year into the T-accounts, using the letter of each transaction as the reference. Accounts Receivable Cash 7,800 Beg. Bal Beg. Bal ca) End. Bal. 0 End, Bal 7.800 Supplies Equipment Beg Bal Beg Bal es End, Bal 0 End. Bal. 0 Land Building Beg Bal Bog. Bal End. Bal 0 End, Bal 0 Accounts Payablo Uneamed Revenue Beg. Bal Beg. Bal 7 Required information 3 End. Bal. 0 End. Bal Long-term Note Payable Common Stock Beg. Bal Beg. Bal. End. Bal. 0 End. Bal. . Additional Paid-in Capital Retained Earnings Beg. Bal. + Beg. Bal. ces End. Bal. 0 End. Bal. 0 Rebuilding Fees Revenue Rent Revenue Beg. Bal. Beg. Bal. End, Bal End. Bal. Wages Expense Utilities Expense Beg. Bal. Beg. Bal. End. Bal 0 End. Bal. 0 3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Revenues $ 19,800 Expenses $ 14,800 - Net income $ 5,000 Assets $ 83,9501 - Labios $ 60,040 - Stockholders' equity $ 23.910