An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown below. Each increase and decrease in stockholders' equity is explained.

An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown below. Each increase and decrease in stockholders' equity is explained. Assets Liab Stockholders' Equit Retained Earnings Accounts Accounts Cash +Receivable +Supplies +EquipmentPayable Com Stock+ Rev.-ExpDiv +$15,000 1. +$15,000 2,000 -750 +2,500 1,500 -2,500 -750 +550 -4,500 2. +$5,000 +$3,000 +$750 +$6,600 +$9,100 Rev -1,500 6. 7. $2,500 Div $750 Rent. 550 $4,500 500 Sal Util 10 +500 Prepare an income statement for the month ending July 31, 2015