The financial statements are automatically generated based on the journal entries recorded. January 1 K. Perry, owner, invested $181,750 cash in the company in exchange for common stock. January 2 The company purchased supplies for $3,950 cash. January 3 The company purchased $16,050 of equipment on credit. January 4 The company received $20,900 cash for services provided to a customer. January 5 The company paid $16,050 cash to settle the payable for the equipment purchased on January 3. January 6 The company billed a customer $5,400 for services provided. January 7 The company paid $3,925 cash for the monthly rent. January 8 The company collected $3,150 cash as partial payment for the account receivable created on January 6. January 9 The company paid $14,300 cash in dividends to the owner (sole shareholder). Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Balance Sheet FS Impact The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Input the cumulative amount of a) Net Income (Loss), b) Total Assets, c) Total Liabilities, and d) Total Equity that would be reported on the financial statements immediately after each transaction is recorded. (Hint: You can check your work by selecting the date on the trial balance tab.) The first 2 transactions are completed for you! Transaction: Where can you go to find each of your answers? January 1 - K. Perry, owner, invested $181,750 cash in the company in exchange for common stock. January 2 - The company purchased supplies for $3,950 cash. January 3 - The company purchased $16,050 of equipment on credit. January 4 The company received $20,900 cash for services provided to a customer. January 5 - The company paid $16,050 cash to settle the payable for the equipment purchased on January 3. January 6 - The company billed a customer $5,400 for services provided. Jan. 7 - The company paid $3,925 cash for the monthly rent. January 8 - The company collected $3,150 cash as partial payment for the account receivable created on January 6. January 9- The company paid $14,300 cash in dividends to the owner (sole shareholder). Show less Net Income Total Assets Income statement $ Balance sheet 0 $ Total Liabilities Balance sheet 181,750 $ Total Equity Balance sheet 0 $ 181,750 0 181,750 0 181,750 197,800 16,050 181,750 20,900 16,050