ABC begins its business on January 1, 2022. The owner invests $5,000 in cash and $5,000 of equipment into the business. ABC borrows $5,000 from the bank. ABC purchases $6,000 of equipment, paying cash for it. ABC provides consulting services to its customers, receiving $4,000 in cash and being owed another $8,000. ABC purchases $1,000 in various supplies from a vendor, promising to pay for those supplies in the future. ABC paid $3,000 cash for the current month rent and another $2,000 for utilities. What is the cash balance at the end of the period? What is the accounts receivable, fixed assets, total assets, and total liabilities balance? What is the equity balance? What is the total revenue for the period? What is the total expense? What is the net income?