Use the following information to answer the next three (3) questions. Aggie Kids Parties Co. engaged in the following transactions during Jan 2018, its first month of operations: w white andhisbrother eachinvested$20,000 ofcash nexchange for stockinthecompanyATS Jan. 2 Performed service for customers on account, $2,850 4 Purchased a building for $20,000 to use as a future office. Paid $2,000 and signed a 2 year note for the balance. Purchased $300 of office supplies. Paid cas 9 15 6 Received $2,000 as a deposit for a job to be performed in February Paid employee salaries of $950 Performed service for a customer n received the fee of$1,500. Received payments of $750 from customers on accountA Received monthly utility bill of$125. This bill is due on Februa Paid the following expenses salary, $950; rent S500. A45oAv SoostEWAO r5oo (upaw Counted $100 of office supplies remaining on hand. .At Ltunearnadreu) RW 25 31 31 AV (supplies 6. What is Aggie's net income for January 2018? A. $24,175 B. $1,625 C. $4,275 D. $2,400 E. $4,375 3l 7. Determine the company's ending asset balance as of Jauary 2018 A. $61,625 B. $64,750 C. $62,500 D. $61,750 E. $56,900