Part $1[140$ points$]$

It is February $1,2024,$ the first business day of the month, and you have just been hired as the accountant for Global Filter Corp., which operates with monthly accounting periods. For simplicity, ignore all sales tax considerations and assume that Global Filter Corp. sells one product. All of the company's accounting work has been completed through the end of January, $2024.$ Global Filter Corp.$\text{'}$s year end is February $29.$ The post$-$closing alphabetized trial balance at January $31,2024$ follows.

$\backslash$table$[[\backslash$table$[[$Global Filter Corp.$],[$Post$-$Closing Trial Balance$],[$January $31,2024]],,],[,$Debit,Credit$],[$Accounts receivable ${?}^1,147,100,],[$Accounts payable ${?}^2,,587,500],[$Accumulated depreciation, store equipment,,$43,927],[$Allowance for doubtful accounts,,$20,594],[$Cash$,2,214,775,],[$Common shares,,$54,000],[$Interest receivable ${?}^4,146,],[$Merchandise inventory ${?}^5,1,520,000,],[$Notes receivable ${?}^4,70,000,],[$Prepaid advertising ${?}^6,25,500,],[$Retained earnings,,$3,309,400$