CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 2 Not yet answered Marked out of 1.00 P Flag question Constructing Financial Statements from Transaction Data Baiman Corporation commences operations at the beginning of January. It provides its services on credit and bills its customers $30,000 for January sales to be collected in February. Its employees also earn January wages of $12,000 that are not paid until the first of February. Complete the following statements for the month-end of January. Income Statement Sales Wages Expense S Net Income (Loss) Balance Sheet Cash $8,000 Accounts Receivable Total Assets Wages Payable Common Stock Retained Earnings Total Liabilities and Equity