Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accounts had zero balances and its balance sheet account balances were as follows:

Cash	$7,000	Accounts payable	$9,500
Accounts receivable	30,700	Unearned revenue	3,040
Supplies	1,460	Long-term note payable	47,200
Equipment	9,900	Common stock	200
Land	7,400	Additional paid-in capital	800
Building	27,400	Retained earnings	23,120

1. Rebuilt and delivered five pianos in January to customers who paid $18,700 in cash.
2. Received a $560 deposit from a customer who wanted her piano rebuilt.
3. Rented a part of the building to a bicycle repair shop; received $870 for rent in January.
4. Received $7,800 from customers as payment on their accounts.
5. Received an electric and gas utility bill for $510 to be paid in February.
6. Ordered $900 in supplies.
7. Paid $2,040 on account in January.
8. Received from the home of Stacey Eddy, the major shareholder, a $1,000 tool (equipment) to use in the business in exchange for 140 shares of $1 par value stock.
9. Paid $14,900 in wages to employees who worked in January.
10. Declared and paid a $2,300 dividend (reduce Retained Earnings and Cash).
11. Received and paid cash for the supplies in (f).
12. Paid $330 in interest expense on the long-term note payable.

Required:

Prepare an unadjusted classified income statement for January of the second year (ignore income taxes).