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[The following information applies to the questions displayed below] On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 Provide services to customers for" cash, $35,100. January 6 Provide services to customers on account, $72,400. January 15 Write off accounts receivable as uncollectible, $1,000. (Assume the company uses the allowance method) January 20 Pay cash for salaries, $31,400. January 22 Receive cash on accounts receivable, $70,000. January 25 Pay cash on accounts payable, $5,500. January 30 Pay cash for utilities during January, $13,700. 4. Prepare an income statement for the period ended January 31, 2024. 3D FAMILY FIREWORKS Income Statement For the month ended January 31, 2024 Revenues: Service Revenue $107,500 Total Revenues $107,500 Expenses: Salaries Expense Utilities Expense (13,700) Total Expenses (13,700) Net Income [The following information applies to the questions displayed below] On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 Provide services to customers for" cash, $35,100. January 6 Provide services to customers on account, $72,400. January 15 Write off accounts receivable as uncollectible, $1,000. (Assume the company uses the allowance method) January 20 Pay cash for salaries, $31,400. January 22 Receive cash on accounts receivable, $70,000. January 25 Pay cash on accounts payable, $5,500. January 30 Pay cash for utilities during January, $13,700. 4. Prepare an income statement for the period ended January 31, 2024. 3D FAMILY FIREWORKS Income Statement For the month ended January 31, 2024 Revenues: Service Revenue $107,500 Total Revenues $107,500 Expenses: Salaries Expense Utilities Expense (13,700) Total Expenses (13,700) Net Income

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