As of May 31, Kiddy Day Care's general ledger balances, listed in alphabetical order of accounts, are as follows: Accounts Balance Accounts Payable $2,215.00 Accounts Receivable 2,555.00 Advertising Expense 983.00 Cash 21,298.00 Equipment 8,500.00 Income from Services 20,510.00 Prepaid Insurance 460.00 R. Ramirez, Capital (beginning) 21,572.00 R. Ramirez, Drawing 2,700.00 Rent Expense 1,900.00 Supplies 535.00 Utilities Expense 783.00 Wages Expense 4,583.00 Required: 1. Prepare an income statement for the two months ended May 31, 20--- Kiddy Day Care Income Statement For Two Months Ended May 31, 20-- Revenue: Expenses: Total Expenses Net Income 2. Prepare a statement of owner's equity for the two months ended May 31, 20--- Kiddy Day Care Statement of Owner's Equity For Two Months Ended May 31, 20-- 3. Prepare a balance sheet as of May 31, 20--- Kiddy Day Care Balance Sheet May 31, 20-- Assets Total Assets Liabilities Owner's Equity Total Liabilities and Owner's Equity