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P4-5: The December 31, 2014, balance sheet of Tybee Corporation is provided below (in millions). Assets Cash Accounts receivable Supplies Prepaid insurance Equipment Less: Acc. Dep. (12) Land Total $ 24 15 6 12 50 38 10 $ 105 Liabilities and Shareholders' Equity Accounts payable $ 4 Interest payable 3 Unearned revenue 12 Other short-term payable 4 Long-term note payable 50 Contributed capital 20 Retained earnings 12 Total $ 105 Transactions during January 2015: Paid $5 for employee wages. Collected $10 cash from customers for work previously performed and billed. Purchased equipment for $5 cash. Purchased $2 of supplies for cash. Paid $3 to a vendor for supplies previously purchased on credit in December 2014. Paid the interest owed as of December 31, 2014. Completed $18 in services for customers, receiving 50 percent payment in cash and billing the remainder. Paid $15 to reduce outstanding long-term note payable. Collect $5 for the issuance of common shares. As of 1/31/15: Had performed 25 percent of the services for which it had been paid in advance. Owes $1 for interest that will be paid next month. Depreciated equipment in the amount of $4. Physical count of supplies reveals $3 on hand. Declared and paid a cash dividend in the amount of 50 percent of January's net income. Required: Prepare a complete set of financial statement as of January 31, 2015