ABC Inc. began operations on July 1, 2023. The transactions for the first month follow.

ABC Inc. issued shares to shareholders for $90,000.

Performed consulting services today and collected $500.

Furniture was rented by a customer for $500 cash.

ABC Inc. will pay the $500 advertising bill received today within 30 days.

ABC Inc. performed consulting services for a customer and received $200.

ABC Inc. paid $250 for this month's water utilities bill received today.

ABC Inc. collected $900 for commissions earned today.

ABC Inc. will pay this month's electrical utilities bill of $150 received today, within 30 days.

A client rented equipment for $7,500 cash.

ABC Inc. paid dividends of $1,400 to the shareholders.

Fill out the following table, according to the transactions above. Select the headings for each column by clicking on the appropriate cell. Use additions and subtractions to show the transactions' effects on the elements of the equation. Show new totals after each transaction. Also indicate next to each change in the equity (in the explanation column) whether it was caused by issuance of share capital (investment), a revenue, an expense or payment of dividends. Identify revenues and expenses by name. In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended July 31.