A tabular analysis of the transactions, made during March 2020 by a Company during its first month of operation, is shown below:

Assets				= Liability + Shareholders' Equity
						?
?	?	?	?	?	?	?	?	?	?
1. $30,000					$30,000
2. (1,000)			$5,000	$4,000
3. (750)		$750
4. 2,400	$5,900					8,300
5. (1,500)				(1,500)
6. (1,000)								(1,000)
7. (800)							(800)
8. 450	(450)
9. (4,000)							(4,000)
10.				500			(500)

Required

1. In the columns of the table: name the accounts
2. In a sentence: indicate each increase and decrease in accounts and explain them
3. Determine by how much shareholders' equity increased or decreased for the month
4. Prepare in good form an Income statement for the month Show all your computations