(51) Prepare an income statement for the month of May 2022 ANDERSON CONSULTING INC. Income Statement $ V eTextbook and Media Question 5 of 7 View Policies Show Attempt History Current Attempt in Progress Lisa Anderson started her own consulting firm, Anderson Consulting Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 2 3 5 9 12 15 17 20 23 26 29 30 Stockholders invested $19,500 cash in the business in exchange for common stock. Paid $780 for office rent for the month. Purchased $650 of supplies on account. Paid $195 to advertise for the month in the County News. Performed services for customer for $1,820 cash. Paid $260 cash dividend. Performed $5,460 of services on account. Paid $3,250 for employee salaries. Paid for the supplies purchased on account on May 3. Received a cash payment of $1.560 for services performed on account on May 15. Borrowed $6,500 from the bank on a note payable. Purchased office equipment for $2,600 paying $260 in cash and the baxance on account. Paid $244 for utilities