Total revenues $ $293,000$

Total expenses $($excluding income taxes$)197,000$

Income tax expense $($all unpaid as of January $31)33,300$

Cash balance, January $3165,850$

Receivables from customers $($all considered collectible$)33,300$

Merchandise inventory $($by inventory count at cost$)95,900$

Payables to suppliers for merchandise purchased from them $($will be paid during February of the current year$)27,950$

Common stock $71,100$