On January $1,2024,$ the general ledger of Grand Finale Fireworks includes the following account balances:

During January $2024,$ the following transactions occur:

January $2$ Issue an additional $2,200$ shares of $$1$ par value common stock for $$44,000.$

January $9$ Provide services to customers on account, $$15,100.$

January $10$ Purchase additional supplies on account, $$5,200.$

January $12$ Purchase $1,100$ shares of treasury stock for $$18$ per share.

January $15$ Pay cash on accounts payable, $$16,800.$

January $21$ Provide services to customers for cash, $$49,400.$

January $22$ Receive cash on accounts receivable, $$16,900.$

January $29$ Declare a cash dividend of $$0\mathrm{.}40$ per share to all shares outstanding on January $29.$ The dividend is payable

on February $15.($Hint: Grand Finale Fireworks had $13,000$ shares outstanding on January $1,2024,$ and

dividends are not paid on treasury stock.$)$

January $30$ Resell $900$ shares of treasury stock for $$20$ per share.

January $31$ Pay cash for salaries during January, $$42,300.$

The following information is available on January $31,2024.$

a$.$ Unpaid utilities for the month of January are $$6,500.$

b$.$ Supplies at the end of January total $$5,400.$

c$.$ Depreciation on the equipment for the month of January is calculated using the straight$-$line method. At the time the equipment was

purchased, the company estimated a service life of three years and a residual value of $$10,300.$

d$.$ Accrued income taxes at the end of January are $$2,300.$