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Required information [The following information applies to the questions displayed below] 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 2,100 shares of $1 por value comen stock for $42,000. January 9 Provide services to custopers on pccount. $16,100. January 10 Purchase additional supplies on account, $5,800. January 12 Purchase 1,200 shares of treasury stock for $22 per share. January 15 Pay cash on accounts payable, $17,400. January 21 Provlde services to custoners for cash, $50,000. January 22 Receive cash on accounts receivable, $17,500. January 29 Declare a cash dividend of 80.40 per share to all shares outstanding on janury 291 The dividend 1s payabie on February 15. (Hint: Grand Finale Fireworks had 19,000 shares outstanding on 3anuary12,2024, and dividends are not poid on treasury stock.) January 30 Resel1 700 stuares of treasury stock for $24 per share. January 31 Pay cash for salarles during January, 542,000. 5. Prepare a classified balance sheet as of January 31, 2024. (Amounts to be deducted should be indicoted by a minus sign.) January 22 Receive cash on accounts receivable, $17,500. January 29 Declare a cash dividend of $0.40 per share to all shares outstanding on January 29 . The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 19,000 shares outstanding on January 1, 2024, and dividends are not paid on treasury stock.) January 30 Resel1 700 shares of treasury stock for $24 per share. January 31 Pay cash fon salaries during January, $42,900. 5. Prepare a classified balance sheet as of January 31, 2024. (Amounts to be deducted should be indicated by a minus sign.)