The following information about the business transactions of Health Care Limited during its first month of operation. Can you prepare the income statement of Health Care Limited’s transactions from 1 to 31 January 2025? On January 1, the physical therapist transferred $200,000 from his personal bank account to Health Care Limited. On January 2, Health Care Limited purchased Chinese medicine worth $52,500 on credit for its patients' treatment. On January 4, Health Care Limited purchased $10,000 in therapist equipment on credit. On January 6, the physical therapist performed services for an XYZ hospital and received $40,000 in cash. On January 10, the physical therapist performed an analysis for an ABC client, which promised to pay $60,000 later. On January 14, the physical therapist paid for the equipment purchased on January 4. On January 15, the physical therapist paid the first month's salary of $45,000 in cash to his assistant. On January 17, the physical therapist received a payment of $60,000 from the ABC client. On January 20, the physical therapist provided a treatment worth $165,000 for a private hospital on credit. On January 28, the physical therapist paid $12,000 for electricity expenses. On January 30, the physical therapist paid the half-month salary of $45,000 to his assistant. Paid rent of $75,000 for last month. On January 31, the physical therapist received the rental bill of $80,000 and will be paid next month. On January 31, the physical therapist received the electricity bill of $13,500 and will be paid next month. On January 31, the physical therapist recorded a depreciation of $2,000 on the equipment for this month. The company maintains accounts for cash at bank, equipment, accounts receivable, accounts payable, accrual (rent and electricity), accumulated depreciation, share capital, services income, purchase, salary expenses, electricity expenses, depreciation, and rent expenses.