The $31,800 beginning balance of inventory consists of 318 units, each costing $100. During January 2024 , the company had the following transactions: Jamuary 2 Lent 538 , vos to an employee by accepting a 6x note due in six months. January 5 Purchased 4,400 units of inventory on account for $484,000($110 each) with terms 1/10, n/30. January b Returned 100 defective units of inventory porchased on Jenuary 5. January 25501d4,200 units of leventory on account for 5621,600 (\$148 each) with teras 2/10, n/30. 3anuary 17 custoners returned 200 units sold on Janoery 15 . These unlts were initially purchased by the canpany on January 5. The units are placed in inventory to be sold in the future. January 20 Recelved cash from customers on accounts recelvable. This amount Includes $37, 800 fros 2023 plus aeount recelvable on sale of 3,600 units sold on jenuary 15 . January 21 Wrote off renaining accounts receivable fron 2023, January 24 Paid on accounts payable. The amount includes the amount owed ot the beginning of the period plus the anount owed from purchase of 4,000 units on January 5. Zanwary 20 Paid cash for salaries during January, 446,000 . January 29 Paid cash for utilities durins January, 328,000 , January 30 Paid dividends, 54 , 000. Month-end adjusting entries: a. Of the remaining accounts receivable, the company estimates that 10% will not be collected. b. Accrued interest revenue on notes receivable for January. c. Accrued interest expense on notes payable for January. d. Accrued income taxes at the end of January for $6,800. e. Depreciation on the building, $3,800. Complete this question by entering your answers in the tabs below. The $31,800 beginning balance of inventory consists of 318 units, each costing $100. During January 2024 , the company had the following transactions: Jamuary 2 Lent 538 , vos to an employee by accepting a 6x note due in six months. January 5 Purchased 4,400 units of inventory on account for $484,000($110 each) with terms 1/10, n/30. January b Returned 100 defective units of inventory porchased on Jenuary 5. January 25501d4,200 units of leventory on account for 5621,600 (\$148 each) with teras 2/10, n/30. 3anuary 17 custoners returned 200 units sold on Janoery 15 . These unlts were initially purchased by the canpany on January 5. The units are placed in inventory to be sold in the future. January 20 Recelved cash from customers on accounts recelvable. This amount Includes $37, 800 fros 2023 plus aeount recelvable on sale of 3,600 units sold on jenuary 15 . January 21 Wrote off renaining accounts receivable fron 2023, January 24 Paid on accounts payable. The amount includes the amount owed ot the beginning of the period plus the anount owed from purchase of 4,000 units on January 5. Zanwary 20 Paid cash for salaries during January, 446,000 . January 29 Paid cash for utilities durins January, 328,000 , January 30 Paid dividends, 54 , 000. Month-end adjusting entries: a. Of the remaining accounts receivable, the company estimates that 10% will not be collected. b. Accrued interest revenue on notes receivable for January. c. Accrued interest expense on notes payable for January. d. Accrued income taxes at the end of January for $6,800. e. Depreciation on the building, $3,800. Complete this question by entering your answers in the tabs below