Required Information [The following information applies to the questions displayed below) On January 1, 2021, the general ledger of Grand Finale Fireworks Includes the following account balances Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Connon Stock, 31 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 44,400 47.900 9,200 81,000 $10,70e 16,30 17, obe 97, 41,500 $182,500 $182,500 During January 2021, the following transactions occur January 2 Issue an additional 2,100 shares of $1 par value Coron stock for $42,000. January 9 Provide services to customers on account, 319,300. January 10 Purchase additional supplies on account, 36,500 January 12 Purchase 1,200 shares of treasury stock for $20 per share January 15 Day cash on accounts payable $18, 200 January 21 provide services to customer's for cash, 358,800 January 22 Receive cash on accounts receivable, $18,00 January 29 Declare cath dividend of 50.20 per sbare to all shares outstanding onnuary 29. The dividend is payable on February 15, wint: Grand Finale Fireworks had 17.000 shares outstanding on Qanuary 1, 2021, and dividends are not paid on treasury stock.) January 30 Resell 500 shares of treasury stock for $22 per share January 31 Pay cash for salaries during January, 543,700, to 4. Prepare an income statement for the period ended January 31, 2021