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On January 1, 2018, the general ledger of Dynamite Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	25,700
Accounts Receivable		7,100
Supplies		5,000
Land		69,000
Accounts Payable					5,100
Common Stock					84,000
Retained Earnings					17,700
Totals	$	106,800		$	106,800

During January 2018, the following transactions occur:

January	2		Purchase rental space for one year in advance, $11,700 ($975/month).
January	9		Purchase additional supplies on account, $5,400.
January	13		Provide services to customers on account, $27,400.
January	17		Receive cash in advance from customers for services to be provided in the future, $5,600.
January	20		Pay cash for salaries, $13,400.
January	22		Receive cash on accounts receivable, $26,000.
January	29		Pay cash on accounts payable, $5,900.

The following information is available on January 31, 2018.

Rent for the month of January has expired.

Supplies remaining at the end of January total $4,700.

By the end of January, $4,625 of services has been provided to customers who paid in advance on January 17.

Unpaid salaries at the end of January are $4,470.

a) What is the amount of profit reported for the month of January? The amount of profit reported for the month of January is ? (b) Calculate the ratio of current assets to current liabilities at the end of January. The ratio of current assets to current liabilities at the end of January is 5.00 (c) Based on Dynamite Fireworks profit and ratio of current assets to current liabilities, indicate whether Dynamite Fireworks appears to be in good or bad financial condition. Does the company appears to be in good or bad financial condition? Good

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