An analysis of the transactions made by Cheyenne Corp., a certified public accounting firm, for the month of August, its first month of operations is shown below. Assets Liabilities + Stockholders' Equity Retained Earnings + + + Accounts Receivable + Accounts Payable + Supplies Equipment Common Stock $15,850 Revenues Expenses Dividend $5,700 $3,000 $750 Cash 1. $15,850 2. -2,700 3. -750 4. 6,300 5. -1,700 6. -1,400 7. -750 $3,200 $9,500 Service Revenue -1,700 -$1,400 Rent Expense -$750 8. 350 -350 -3,950 9. 10. -3,950 -400 Salaries/Wages Expense Utilities Expense 400 (a) * Your answer is incorrect. Try again. Prepare an income statement for August. Cheyenne Corp. Income Statement August 31, 2019 Revenues X 9500 X x x x x x X x Click if you would like to Show Work for this question: Open Show Work