All Omar opened a yard care business, Omar's Yard Care, on March 1, 2020. The following activities occurred during his first month of operations: a. All Omar invested $4,300 cash and $15,000 of equipment to start his business, Omar's Yard Care b. Purchased various supplies on account: $1,600, c. Bought supplies on credit: $950. d. Omar signed a $4.000 contract to do yard work beginning in May e. Did work for a client on account: $550. f. Performed services for a customer on credit: $600. g. Paid $200 for the supplies purchased in (c). h. Paid $250 for advertising online. 1. Collected the amount owed from the customer in (f). Prepare an income statement, statement of changes in equity, and balance sheet for March 2020 OMAR'S YARD CARE Income Statement For Month Ended March 31, 2020 Revenues: Operating expenses: OMAR'S YARD CARE Statement of Changes in Equity For Month Ended March 31, 2020 Ali Omar, capital, March 1 $ 0 Ali Omar, capital, March 31 $ 0 OMAR'S YARD CARE Balance Sheet March 31, 2020 Assets Liabilities Equity 0 $ Total liabilities and equity $ 0 Total assets