Required information [Tho following information applies to the questions displayed below] The general ledger of Zips Storage at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $137,100, and on account, $53,700. 2. February 12 collect on accounts receivable, \$51,80a. 3. April 25 Receive cash in advance froin custoners, \$13,200. 4. May 6 Purchase supplies on account, $9,800. 5. Juty 15 Pay property taxes, $8,800. 6. September 10 Pay on accounts payable, $11,706. 7. October 31 Pay sataries, $126,600. 8. Noveaber 20 Issue shares of common stock in exchange for $30,000 cash. 9. December 30 Pay $3,100 cash dividends to stockholders. ZIPS STORAGE Income Statement For the Year Ended December 31, 2024 Expenses: Total Expenses 0