Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, records show the following accounts and amounts for the month of March $1,500 500 Equipment Salaries expense Consulting revenue Cash Utilities expense Note payable Accounts receivable A. Lopez, withdrawals $ 4,000 3,000 12,000 8,000 200 2,400 3,500 2,000 Office supplies Rental revenue Advertising expense Prepaid insurance Accounts payable Note receivable Rent expense Unearned revenue 400 1,000 1,300 2,500 2,000 300 Required: 1. Prepare a March income statement for the business. 2. Prepare a March statement of owner's equity. The owner's capital account balance at February 28 was $0, and the own $11,600 cash in the company on March 1. 3. Prepare a March 31 balance sheet. Hint: Use the owner's capital account balance calculated in part 2. Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, the company's records show the following accounts and amounts for the month of March Equipment Salaries expense Consulting revenue Cash Utilities expense Note payable Accounts receivable A. Lopez, withdrawals $ 4,000 3,000 12,000 8,000 200 2,400 3,500 2,800 Office supplies Rental revenue Advertising expense Prepaid insurance Accounts payable Note receivable Rent expense Unearned revenue $1,500 50e 400 1,800 1,300 2,500 2,000 300 Required: 1. Prepare a March income statement for the business. 2. Prepare a March statement of owner's equity. The owner's capital account balance at February 28 was 50, and the owner invested $11,600 cash in the company on March 1. 3. Prepare a March 31 balance sheet. Hint: Use the owner's capital account balance calculated in part 2