$1-$ Joe Malek established a tuition center on $1$ February and completed the following transactions during February:

February $1$ Opened a business bank account with RM$10,000$ cash.

$3$ Bought office equipment for RM$3,000$ in cash.

$5$ Purchased supplies on credit, RM$1,850.$

$10$ Received cash from tuition fees earned, RM$14,500.$

$14$ Paid utilities expenses for the month, RM$1,560$

$15$ Paid miscellaneous expenses for the month, RM$500.$

$18$ Paid teachers and office salaries, RM$8,000.$

$24$ The cost of supplies used was RM$1,300.$

$27$ Billed students for fees earned, RM$6,700.$

$28$ Withdrew cash for personal use, RM$1,500.$

Required:

i$.$ Indicate the effect of each transaction and the balance after each transaction, using the following tabular format:

Assets $=$ Liabilities $+$ Owner's equity

By appropriate notation at the right of each charge, indicate the nature of each increase and decrease in owner's equity, i$.$e$.$ revenue, expenses, or drawings.

ii$.$ Indicate the amount by which liabilities and total assets increased or decreased.

iii. Prepare the income statement and the statement of changes in equity for the month ended $28$ February and the statement of financial position as at $28$ February.