Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. Equipment Salaries expense $ 4,000 3,000 Office supplies Rental revenue $1,500 500 Consulting revenue 12,000 Advertising expense 400 Cash 8,000 Prepaid insurance 1,000 Utilities expense 200 Accounts payable 1,300 Note payable 2,400 Note receivable 2,500 Accounts receivable 3,500 Rent expense 2,000 Common stock 11,600 Unearned revenue 300 Dividends 2,000 Required: 1. Prepare a March income statement for the business. 2. Prepare a March statement of retained earnings. The Retained Earnings account balance at March 1 was $0. 3. Prepare a March 31 balance sheet. Hint: Use the Retained Earnings account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a March income statement for the business. METRIX Income Statement