[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 $10. 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 $ 1,810,000 224,000 Equipment Buildings Land Accounts Payable Deferred Revenue Notes Payable (due 2025) Common Stock Retained Earnings 23,400 916,000 446,000 1,950,000 120,000 91,000 159,000 2,600,000 2,399,400 In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month: a. Received $68,500 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 $30,800 on 1/2; paid $19,900 cash and signed a three-year note for the remainder owed. c. Paid $17,100 for an Internet advertisement run on 1/3. d. On January 4, purchased and received $3,350 of supplies on account. e. Received $205,000 cash on 1/5 from customers for service revenue earned in January. 1. On January 6, paid $3,350 cash for supplies purchased on January 4. g. On January 7, sold 19,400 subscriptions at $10 each for services provided during January. Half was collected in cash and half was sold on account. h. Paid $360,000 in wages to employees on 1/30 for work done in January. 7. On January 31, received an electric and gas utility bill for $6,180 for January utility services. The bill will be paid in February