A tabular summary of the transactions for Sunland & Co., an accounting firm, for its first month of operations, July 2021, follows: Accounts Prepaid Accounts B. Sunland, B. Sunland, Cash + Receivable + Insurance + Equipment = Payable + Capital - Drawings + Revenues 1 $18,000 $9,000 $27,000 2 -4,000 8,000 $4,000 3 -750 $750 4 3,500 $5,400 $8,900 5 -2,000 6 -3,700 -2,000 -$3,700 7 -800 8 1,350 -1,350 9 -3,600 10 530 - E: Accounts Prepaid Receivable + Insurance + Equipment Accounts B. Sunland, B. Sunland, Payable + Capital - Drawings + Revenues $9,000 $27,000 8,000 $4,000 $750 $5,400 -1,350 -2,000 -$3,700 530 $8,900 - Expenses -$800 Rent -3,600 Salaries -530 Utilities Prepare an income statement for July. SUNLAND & CO. Income Statement > +A $ > +A $ +A +A Prepare a statement of owner's equity for July. (List items that increase owner's equity first.) SUNLAND & CO. Statement of Owner's Equity > LA $ +A $ Prepare a balance sheet at July 31. SUNLAND & CO. Balance Sheet Assets $ $ Liabilities and Owner's Equity $ $