(6 Marks) Question 3: The income statement of Saeed CAR Repair is as follows: SAEED CAR REPAIR Income Statement For the Month Ended April 30, 2018 $7,500 Revenue CAR Repair Revenue Expenses Salaries Expense Depreciation Expense. Utilities Expense Rent Expense.... Supplies Expense. Total Expenses. Net Income...... $3,400 450 400 600 1,050 5,900 $1,600 On April 1, the owner, Lee Gentry, had a capital balance of $12,900. During April, Gentry withdrew $3,000 cash for personal use. Instructions (a) Prepare closing entries at April 30. (b) Prepare an owner's equity statement for the month of April. (4 Marks) (2 Marks)