Required information [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 Provide services to customers for cash, $55,100. January 6 Provide services to customers on account, $2,400. January 15 Write off accounts receivable as uncoltectiote, $4,500. (Assume the company uses the attowance January 20 Pay cash for salaries, $33,400. January 22 Receive cash on accounts receivable, $90,000. January 25 Pay cash on accounts payable, $7,500. January 30 Pay cash for utilities during January, $15,760. Required information [The following information applies to the questions displayed below] On January 1,2024 , the general ledger of 3D Family Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 Provide services to customers for cash, $55,100. January 6 Provide services to customers on account, $92,400, January 15 Write off accounts receivable as uncollectible, 54,500 . (Assume the company uses the atiowance January 20 Pay cash for salaries, $33,400. January 22 Receive cash on accounts receivable, $90,000. January 25 Pay cash on accounts payabte, $7,500. January 38 Pay cash for utilities during January, $15,700. 3D FAMILY FIREWORKS Income Statement For the month ended January 31, 2024 \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ Revenues: } \\ \hline Service Revenue & $ & 147,500 \\ \hline & & \\ \hline & & \\ \hline Total Revenues & $ & 147,500 \\ \hline \multicolumn{3}{|l|}{ Expenses: } \\ \hline Salaries Expense & & 33,400 \\ \hline Utilities Expense & & 15,700 \\ \hline Bad Debt Expense & & 4,500 \\ \hline & & \\ \hline & & \\ \hline Total Expenses & & 53,600 \\ \hline Net Income & $ & 93,900 \\ \hline \end{tabular}