Linda's Lampshades started business on Jan. 1, 2001. The company reported the following data as of January 31, 2001.

Linda's Lampshades started business on Jan. 1, 2001. The company reported the following data as of January 31, 2001.

Retained Earnings January 1, 2001  21,500

Accounts Receivable                        28,000

Net Revenue                                   175,500 Accounts Payable                               40,000

Insurance Expense                           10,000

Common Stock                                  10,500

Salary Expense                                  15,000

Buildings                                            100,000

Depreciation Expense                             4,000

Salary Payable                                       9,000

Dividends Payable                                  6,100

Supplies                                                5,000

Accumulated Deprecation, buildings        93,700

Cost of goods sold                                136,000

Cash                                                     20,800

Land                                                      6,300

Additional Paid in Capital                      12,000

Inventory                                             35,000

Prepaid Insurance                                    7,700

Prepare the income statement, statement of retained earnings and balance sheet as of January 31, 2017.  Prepare all statements in good form (Titles, format, ect. The balance sheet should have categories like a classified balance sheet)

 All accounts have their normal account balances