Please answer required 1 and 2 and 3. This is one question.

Kaylee James, a connolsseur of fine chocolate, opened Kaylee's Sweets In Collegetown on February 1. The shop speclallzes In a selection of gourmet chocolate candies and a IIne of gourmet Ice cream. You have been hired as manager. Your dutles include malntaining the store's financlal records. The following transactions occurred in February, the first month of operations. a. Recelved four shareholders' contributions totalling $28,100 cash to form the corporation; Issued 500 shares of $0.10 par value common stock. b. Pald three months' rent for the store at $1,790 per month (recorded as prepald expenses). c. Purchased and recelved candy Inventory for $6,100 on account, due in 60 days. d. Purchased supplies for $1,330 cash. e. Negotlated and signed a two-year $19,000 loan at the bank, recelving cash at the time. f. Used the money from (e) to purchase a computer for $2,850 (for recordkeepIng and Inventory trackIng); used the balance for furnlture and fixtures for the store. g. Placed a grand opening advertisement In the local paper for $490 cash; the ad ran in the current month. h. Made sales on Valentine's Day totaling $3,100;$2,640 was in cash and the rest on accounts recelvable. I. The cost of the candy sold In (h) above was $1,300. (Remder. Used Inventory Is an expense called Cost of Goods Sold.) J. Made a $610 payment on accounts payable. k. Incurred and paid employee wages of $1,600. I. Collected accounts recelvable of $195 from customers. m. Made a repalr to one of the display cases for $135 cash. n. Made cash sales of $3,400 durlng the rest of the month. 0 . The cost of the candy sold In (n) above was $2,210. Required: 1 and 2. Record In the T-accounts the effects of each transaction for Kaylee's Sweets in February, referencing each transaction In the accounts with the transaction letter. 3. Prepare an unadjusted Income statement at the end of the first month of operations ended February 28. 5. After three years in business, you are belng evaluated for a promotion. One measure is how effectlvely you managed the sales and expenses of the business. The following data are avallable: *At the end of 2025 , Kaylee decided to open a second store, requiring loans and Inventory purchases prior to the store's openIng In early 2026. 5-a. Calculate the net profit margin ratio for each year. 5-b. Do you think you should be promoted? Prepare an unadiusted income statement at the end of the first month of operations ended February 28. Complete this question by entering your answers in the tabs below. Kaylee James, a connolsseur of fine chocolate, opened Kaylee's Sweets In Collegetown on February 1. The shop speclallzes In a selection of gourmet chocolate candies and a IIne of gourmet Ice cream. You have been hired as manager. Your dutles include malntaining the store's financlal records. The following transactions occurred in February, the first month of operations. a. Recelved four shareholders' contributions totalling $28,100 cash to form the corporation; Issued 500 shares of $0.10 par value common stock. b. Pald three months' rent for the store at $1,790 per month (recorded as prepald expenses). c. Purchased and recelved candy Inventory for $6,100 on account, due in 60 days. d. Purchased supplies for $1,330 cash. e. Negotlated and signed a two-year $19,000 loan at the bank, recelving cash at the time. f. Used the money from (e) to purchase a computer for $2,850 (for recordkeepIng and Inventory trackIng); used the balance for furnlture and fixtures for the store. g. Placed a grand opening advertisement In the local paper for $490 cash; the ad ran in the current month. h. Made sales on Valentine's Day totaling $3,100;$2,640 was in cash and the rest on accounts recelvable. I. The cost of the candy sold In (h) above was $1,300. (Remder. Used Inventory Is an expense called Cost of Goods Sold.) J. Made a $610 payment on accounts payable. k. Incurred and paid employee wages of $1,600. I. Collected accounts recelvable of $195 from customers. m. Made a repalr to one of the display cases for $135 cash. n. Made cash sales of $3,400 durlng the rest of the month. 0 . The cost of the candy sold In (n) above was $2,210. Required: 1 and 2. Record In the T-accounts the effects of each transaction for Kaylee's Sweets in February, referencing each transaction In the accounts with the transaction letter. 3. Prepare an unadjusted Income statement at the end of the first month of operations ended February 28. 5. After three years in business, you are belng evaluated for a promotion. One measure is how effectlvely you managed the sales and expenses of the business. The following data are avallable: *At the end of 2025 , Kaylee decided to open a second store, requiring loans and Inventory purchases prior to the store's openIng In early 2026. 5-a. Calculate the net profit margin ratio for each year. 5-b. Do you think you should be promoted? Prepare an unadiusted income statement at the end of the first month of operations ended February 28. Complete this question by entering your answers in the tabs below