Adina Falk opened her own law office on July 1, 2024. During the first month of operations, the following transactions occurred: 1. Invested $15,000 in cash in the law practice. 2. Hired a legal assistant to work part-time for $1,500 per month. 3. Paid $1,800 for July rent on office space. 4. Purchased equipment on account, $3,000. 5. Provided legal services to clients for cash, $2,500. 6. Borrowed $7,000 cash from a bank on a note payable. 7. Provided legal services to a client on account, $4,000. 8. Collected $1,200 of the amount owed by a client on account (see transaction 7). 9. Paid monthly expenses: salaries, \$1,500; telephone, \$200; and utilities, \$300. 10. Withdrew $2,000 cash for personal use. Instructions a. Prepare a tabular analysis of the transactions. b. Prepare the income statement, statement of owner's equity, and balance sheet for Adina Falk, Barrister \& Solicit