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 $14,000 Salaries expense. 5,000 Office supplies Rental revenue $3,500 2,500 Consulting revenue 22,000 Advertising expense 800 Cash 12,000 Prepaid insurance 3,000 Utilities expense 600 Accounts payable 7,700 Note payable 4,400 Note receivable 4,500 Accounts receivable 5,500 Rent expense Common stock Dividends 19,600 4,000 Unearned revenue 4,000 700 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 11 Required 2 Required 3 Prepare a March income statement for the business.