Ali Omar opened a yard care business, Omars Yard Care, on March 1, 2020. The following activities occurred during his first month of operations: Ali Omar invested $4,300 cash and $15,000 of equipment to start his business, Omars Yard Care. Purchased various supplies on account; $1,600. Bought supplies on credit; $950. Omar signed a $4,000 contract to do yard work beginning in May. Did work for a client on account; $550. Performed services for a customer on credit; $600. Paid $200 for the supplies purchased in (c). Paid $250 for advertising online. Collected the amount owed from the customer in (f). Prepare an income statement, statement of changes in equity, and balance sheet for March 2020.