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' Equity Retained Earnings Com Cash + Accounts Receivable Supplies - Equipment = Accounts Payable + Rev. Exp Stock 1. +$15,000 +$15,000 2. -2,000 +$5,000 +$3,000 3 -750 +$750 4. +2,500 +$6,600 +$9,100 5. - 1,500 - 1,500 6. -2,500 7. -750 -$750 8. +550 -550 9. -4,500 -$4,500 10. +500 -500 Prepare an income statement for the month ending July 31, 2022. COOKIE MOUNTAIN LEGAL Income Statement For the Month Ended July 31, 2022 Revenues Service Revenue $ 9100 Expenses Salaries and Wages Expense $ (4500) i Rent Expense (750) i Utilities Expense (500) i Total Expenses (5750) i Net Income /(Loss) $ 3350 e Textbook and Media (b) Prepare a retained earnings statement for the month ending July 31, 2022. (List items that increase retained earnings first.) COOKIE MOUNTAIN LEGAL Retained Earnings Statement vi $ Toutbooleand Madis