:49:17 Mailin Moon is a freelance writer who submits articles to various magazines and newspapers. She operates out of a small office where she employs one administrative assistant. The following activities occurred during March 2023, her first month of business: a. Moon invested $3,300 worth of equipment into her business along with $3,800 cash. b. Submitted a series of articles to The Globe and Mail and received $7,300 cash. c. Purchased supplies on credit; $1,000. d. Paid the part-time administrative assistant's salary of $1,530. e. Moon ordered $3,800 of office equipment from the IKEA catalogue. It is scheduled to arrive in April or May. f. Paid the rent for the first month; $2,200. g. Submitted an article to Report on Business, will receive $5,300 next month. 1. Prepare an income statement. Revenues Mailin Moon-Freelance Writing Income Statement For Month Ended March 31, 2023

Mallin Moon is a freelance writer who submits articles to various magazines and newspapers. She operates out of a small office where she employs one administrative assistant. The following activities occurred during March 2023, her first month of business: a. Moon invested $3,300 worth of equipment into her business along with $3,800 cash b. Submitted a series of articles to The Globe and Mall and recelved $7,300 cash c. Purchased supplies on credit, $1,000. d. Paid the part-time administrative assistant's salary of $1,530. c. Moon ordered $3,800 of office equipment from the IKEA catalogue. it is scheduled to arrive in April or May f. Paid the rent for the first month; $2,200. g. Submitted an article to Report on Business, will receive $5,300 next month 1. Prepare an income statement. 2. Prepare a statement of changes in equity. 3. Prepare a balance sheet Analysis Component: Based on the ending balances of assets in the month end balance sheet identify which assets were financed by a. Liablities, b. Owner investment, and c. Profit/Owners' equity. Also identify the amount/s) for each