This question has been opened in a new tab. In order to continue your assignment, please save your Excel question. 2 IE2-1 Inferring Investing and Financing Transactions and Preparing a Balance Sheet During its first month of operations ending January 31, 2022, Cuppor International completed the transactions on the schedule shown below. Ending 1.66 points Account 1 2 Dollar Effect on Transactions 3 Balance 5 6 Cash 50,000 Skipped Notes Receivable (short term) (7,000) 7,000 (10,000) (22,000) Inventory 12,000 Prepaid Rent 10,000 Equipment 70,000 eBook Land 22,000 Accounts Payable 12,000 References Notes Payable 70,000 Common Stock Additional Paid-in Capital 1,000 49,000 Required: 1. Complete the chart by recording the ending balances in each account. 2. Use the account balances to create a Classified Balance Sheet for January 31, 2022. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.