Required information [The following information applies to the questions displayed below.] Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $11. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash $ 1,630,000 Accounts Receivable 208,000 Supplies 15, 400 Equipment 936, 000 Buildings 516,000 Land 1,600,000 Accounts Payable 160,000 Deferred Revenue 166,000 Notes Payable (due 2025) 150,000 Common Stock 2,700,000 Retained Earnings 1,729, 400 In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month: a. Received $62,500 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020. b. Purchased 10 new computer servers for $41,100 on 1/2; paid $12,200 cash and signed a three-year note for the remainder owed. c. Paid $13,400 for an Internet advertisement run on 1/3. d. On January 4, purchased and received $5,750 of supplies on account. e Received $210,000 cash on 1/5 from customers for service revenue earned in January f. Paid $5,750 cash to a supplier on January 6. g. On January 7, sold 12,300 subscriptions at $11 each for services provided during January. Half was collected in cash and half was sold on account. h. Paid $320,000 in wages to employees on 1/30 for work done in January. i. On January 31, received an electric and gas utility bill for $5,520 for January utility services. The bill will be paid in February 4. Prepare an unadjusted trial balance as of January 31, 2021. Credit VANISHING GAMES CORPORATION Unadjusted Trial Balance At January 31, 2021 Account Name Debit Cash Accounts Receivable Supplies Equipment Buildings Land Accounts Payable Deferred Revenue Notes Payable (long-term) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Advertising Expense Utilities Expense Total $ $ 0 $ 0 8. Calculate net profit margin, expressed as a percent. (Round your answer to 1 decimal place.) Net Profit Margin % VANISHING GAMES CORPORATION Balance Sheet At January 31, 2021 Assets Current Assets Supplies 0 Total Current Assets Cash $ 0 0 0 0 $ 0 VANISHING GAMES CORPORATION Income Statement $ 0