TURN ASSIGNMENT Help Save & E Check Painter Corporation was organized by five individuals on January 1 of the current year. At the end of January of the current year, the following monthly financial data are available: points $299,000 189,000 Total revenues Total expenses (excluding income taxes) Income tax expense (all unpaid as of January 31) Cash balance, January 31 Receivables from customers (all considered collectible) Merchandise inventory (by inventory count at coat) Payables to suppliers for merchandise purchased from them (will be paid during February current year) Common stock 66,850 34,500 95,500 28,650 58,200 No dividends were declared or paid during January Required: Complete the following two statements: points Required: Complete the following two statements: Complete this question by entering your answers in the tabs below. eBook Income Statement nent Balance sheet Hint Complete the following statements: Print PAINTER CORPORATION Income Statement References Total revenues Less: Total expenses (excluding income tax) Pretax income Less: Income tax expense Net income Balance sheet > Graw MacBook Pro Complete this question by entering your answers in the tabs below. eBook Income Statement Balance sheet Hint Complete the following statements: Print PAINTER CORPORATION Balance Sheet References Assets Cash Receivables from customers Merchandise inventory Total assets Liabilities Payables to suppliers Income taxes payable Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity MacBook Pro