anuary $1,2024,$ the general ledger of TNT Fireworks included the following account balances: AccountsDebitCreditCash$ $60,300$Accounts Receivable$28,200$Allowance for Uncollectible Accounts$$$ $3,800$Inventory$37,900$Notes Receivable $(5\%,$ due in $2$ years$)31,200$Land$171,000$Accounts Payable$16,400$Common Stock$236,000$Retained Earnings$72,400$Totals$ $328,600$$ $328,600$ During January $2024,$ the following transactions occurred: January $1$Purchased equipment for $$21,100.$ The company estimates a residual value of $$3,100$ and a five$-$year service life.January $4$Paid cash on accounts payable, $$11,100.$January $8$Purchased additional inventory on account, $$98,900.$January $15$Received cash on accounts receivable, $$23,600$January $19$Paid cash for salaries, $$31,400.$January $28$Paid cash for January utilities, $$18,100.$January $30$Firework sales for January totaled $$236,000.$ All of these sales were on account. The cost of the units sold was $$123,000.$ The following information is available on January $31,2024.$ Depreciation on the equipment for the month of January is calculated using the straight$-$line method. The company records an adjusting entry for $$5,580$ for estimated future uncollectible accounts. The company has accrued interest on notes receivable for January. Interest will be received each December $31.$ Unpaid salaries owed to employees at the end of January are $$34,200.$ The company accrued income taxes at the end of January of $$10,600.$