[The following information applies to the questions displayed below.]

An analysis of transactions made during July by NepCo, an Internet service provider, during its first month of operations is shown below. Increases and decreases affecting revenues and expenses are explained.

	Assets				=	Liabilities	+	Stockholders' Equity
	Cash	Accounts Receivable	Supplies	Equipment		Accounts Payable		Common Stock	Retained Earnings
(a)	+15,000							+15,000
(b)						+1,155			1,155	Utilities expense
(c)		+6,950							+6,950	Service revenue
(d)	6,600			+12,400		+5,800
(e)	+1,120								+1,120	Service revenue
(f)			+615			+615
(g)	4,350					4,350
(h)	2,520								2,520	Wage expense
(i)	1,110								1,110	Rent expense
(j)	+2,085	2,085
	3,625	4,865	615	12,400		3,220		15,000	3,285

Required:

2-a.	Prepare an income statement as of July 31.

2-b.	Prepare a statement of retained earnings for July, 31.

2-c.	Prepare a classified balance sheet as of July 31, 2013.

3-a.	Calculate the net profit margin, expressed as a percent.(Round your answer to 1 decimal place.)