Accounting question I could use some help with!

The following transactions pertain to Year 1 , the first-year operations of Rundle Company All inventory was started and completed during Year 1. Assume that all transactions are cash transactions. 1. Acquired $4,700 cash by issuing common stock. 2. Paid $640 for materials used to produce inventory 3. Paid $1,850 to production workers. 4. Paid $1,115 rental fee for production equipment. 5. Paid $90 to administrative employees. 6. Paid $112 rental fee for administrative office equipment 7. Produced 350 units of inventory of which 200 units were sold at a price of $13 each. Required Prepare an income statement and a balance sheet in accordance with GAAP. Complete this question by entering your answer in the tabs below. Prepare an income statement. (Do not round your intermediate calculations.) Complete this question by entering your answer in the tabs below. Prepare an income statement. (Do not round your intermediate calculations.) Complete this question by entering your answer in the tabs below. Prepare a balance sheet. (Do not round your intermediate calculations.)