On January $1,2024,$ the general ledger of TNT Fireworks included the following account balances:

Accounts Debit Credit

Cash $ $59,700$

Accounts Receivable $27,000$

Allowance for Uncollectible Accounts $ $3,200$

Inventory $37,300$

Notes Receivable $(5\%,$ due in $2$ years$)24,000$

Land $165,000$

Accounts Payable $15,800$

Common Stock $230,000$

Retained Earnings $64,000$

Totals $ $313,000$ $ $313,000$

During January $2024,$ the following transactions occurred:

January $1$ Purchased equipment for $$20,500.$ The company estimates a residual value of $$2,500$ and a six$-$year service life.

January $4$ Paid cash on accounts payable, $$10,500.$

January $8$ Purchased additional inventory on account, $$92,900.$

January $15$ Received cash on accounts receivable, $$23,000$

January $19$ Paid cash for salaries, $$30,800.$

January $28$ Paid cash for January utilities, $$17,500.$

January $30$ Firework sales for January totaled $$230,000.$ All of these sales were on account. The cost of the units sold was $$120,000.$

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 $$3,400$ 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 $$33,600.$

The company accrued income taxes at the end of January of $$10,000.$

Please find journal entries, trial balance, income statement, balance sheet.