4 Bindy Crawford created a corporation providing legal services, Larkspur, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $ 6,300; Accounts Receivable $5,150; Supplies $ 630; Equipment $ 7,650; Accounts Payable $ 6,850: Common Stock $ 11.150: and Retained Earnings $ 1.730. During August the following transactions occurred. . Aug. 1 Collected $ 1.050 of accounts receivable due from customers. Paid $ 2,640 cash for accounts payable due. 9 Performed services worth $ 5.720, of which $ 3,620 is collected in cash and the balance is due in September. 15 Purchased additional office equipment for $4,490, paying $ 440 in cash and the balance on account. Paid salaries $ 1,410, rent for August $ 770, and advertising expenses $450. 23 Paid a cash dividend of $ 630. 19 26 Borrowed $ 5,900 from American Federal Bank: the money was borrowed on a 4-month note payable. 31 Incurred utility expenses for the month on account $ 440, Prepare an income statement for August LARKSPUR, INC. Income Statement