Presented below is a balance sheet for John Hon Service at December $31,2024.$

John Hon Service

Balance Sheet

December $31,2024$

Assets $$ Liabilities and Owner's Equity

Cash $$ $$13,000$ Liabilities

Accounts receivable $6,000$ Accounts payable $$ $ $8,000$

Supplies $9,000$ Notes payable $15,000$

Equipment $11,000$ Owner's equity

$$ Jim Henson, Capital $16,000$

Total assets $$ $$39,000$ Total liabilities & owner$$s equity $$$$39,000$

The following additional data are available for the year which began on January $1$: All expenses

$($excluding supplies expense$)$ total $$6,000.$ Supplies on January $1,$ were $$11,000$ and $$5,000$ of

supplies were purchased during the year. Net income for the year was $$8,000$ and drawings were

$$6,000.$

Instructions

Determine the following and answer the question at the end:$$

$1.$ Supplies used during the year.

$2.$ Total expenses for the year.

$3.$ Service revenues for the year.

$4.$ John Hon's capital balance on January $1.$