Required informotion [The following information applies to the questions displayed below] Alison and Chuck Renny began operations of their furniture repair shop (Lazy Sofa Furniture, Incorporated) on January 1. 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021, follows (amounts are rounded to thousands of dollars to simplify). Transactions during 2021 (summarized in thousands of dollars) follow: Transactions during 2021 (summarized in thousands of doliars) follow: a. Borrowed $24 cash on July 1, 2021, signing a six-month note payable. b. Purchased equipment for $21 cash on July 2 . c. Issued additional shares of common stock on July 3 for $5. d. Purchased additional equipment on August 4, 53 cash. e. Purchased, on account, supplies on September 5 for future use, $10. f. On December 6 , recorded revenues in the amount of $68, including $9 on credit and $59 received in cash. g. Pald salaries and wages expenses on December 7,$38. h. Collected accounts receivable on December 8,$8. 4. Pald accounts payable on December 9,$11. f. Received a $2 deposit on December 10 for work to start January 15,2022 Data for adjusting journal entries on December 31: k. Amortization for 2021, $2 1. Supplies of $4 were counted on December 31, 2021. (m. Depreciation for 2021, $2. n. Accrued interest on notes payable of $1. a. Salaries and wages eamed but not yet paid, $3. p. Income tax for 2021 was $4 and will be paid in 2022 . LAZY SOFA FURNITURE, INCORPORATED Post-Closing Trial Balance (in thousands) Account Titles Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-term) Salaries and Wages Payable Interest Payable Income Tax Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries and Wages Expenses (1) Required information Required: 9-6. How much net income did Lazy Sofa Furniture, Incorporated, generate during 2021? 9-b. Is the company financed primarily by liabilities or stockholders' equity? How much net income did Lazy Sofa Furniture, Incorporated, generate during 2021? (Enter your answer in thousands of dollars.) Required: 9-a. How much net income did Lazy Sofa Furniture, Incorporated, generate during 2021? 9-b. Is the company financed primarily by liabilities or stockholders' equity? Is the company financed primarily by liabilities or stockholders' equity