Sound Help Save & Exit Submit Check my work [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 $13. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Buildings Land Accounts Payable Deferred Revenue Notes Payable (due 2025) Common Stock Retained Earnings $ 2.50,000 238,000 17,600 899,000 467, eee 2,170,000 121,00 121,000 76,000 2,800,000 3.013,000 In addition to the above accounts, VGC's chart of accounts includes the followingService Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month a. Received $57,500 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020 CD of 11 com/ext/map/indexhtml?con conexternal browser douche ASP3525 ehensive Problem A Help Save Exit Check my work B a. Received $57,500 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 $42,800 on 12; paid $16,400 cash and signed a three-year note for the remainder owed cPaid $15,300 for an Internet advertisement run on 13 d. On January 4, purchased and received $3.250 pt supplies on account e Received $205,000 cash on 15 from customers for service revenue earned in January 1. On January 6, paid $3,250 cash for supplies purchased on January 4 g. On January 7, sold 17,300 subscriptions at $13 each for services provided during January Half was collected in cash and half was sold on account. h. Paid $400,000 in wages to employees on 1/30 for work done in January On January 31, received an electric and gas utility bill for $6.300 for January utility services. The bill will be paid in February 8. Calculate net profit margin, expressed as a percent. (Round your answer to 1 decimal place.) Net Prolit Murgin TOS PM Sound Help Save & Exit Submit Check my work [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 $13. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Buildings Land Accounts Payable Deferred Revenue Notes Payable (due 2025) Common Stock Retained Earnings $ 2.50,000 238,000 17,600 899,000 467, eee 2,170,000 121,00 121,000 76,000 2,800,000 3.013,000 In addition to the above accounts, VGC's chart of accounts includes the followingService Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month a. Received $57,500 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020 CD of 11 com/ext/map/indexhtml?con conexternal browser douche ASP3525 ehensive Problem A Help Save Exit Check my work B a. Received $57,500 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 $42,800 on 12; paid $16,400 cash and signed a three-year note for the remainder owed cPaid $15,300 for an Internet advertisement run on 13 d. On January 4, purchased and received $3.250 pt supplies on account e Received $205,000 cash on 15 from customers for service revenue earned in January 1. On January 6, paid $3,250 cash for supplies purchased on January 4 g. On January 7, sold 17,300 subscriptions at $13 each for services provided during January Half was collected in cash and half was sold on account. h. Paid $400,000 in wages to employees on 1/30 for work done in January On January 31, received an electric and gas utility bill for $6.300 for January utility services. The bill will be paid in February 8. Calculate net profit margin, expressed as a percent. (Round your answer to 1 decimal place.) Net Prolit Murgin TOS PM