Required information Exercise 10-17 Complete the accounting cycle using stockholders' equity transactions (LO10-2, 10-4, 10-5, 10-8) [The following information applies to the questions displayed below.] On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit $ 42,700 Credit 44,500 7,500 64,000 $ 9,000 14,600 10,000 80,000 45,100 $158,700 $158,700 During January 2021, the following transactions occur: January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000. January 9 Provide services to customers on account, $14,300. January 10 Purchase additional supplies on account, $4,900. January 12 Purchase 1,000 shares of treasury stock for $18 per share. January 15 Pay cash on accounts payable, $16,500. January 21 Provide services to customers for cash, $49,100. Janua 32 WYNWww. wishl ese can Exercise 10-17 Part 7 7. Analyze the following for Grand Finale Fireworks: a-1. Calculate the return on equity for the month of January. Choose Numerator ces Return on Equity Ratio Choose Denominator Return on Equity Ration Return on equity +