Carlo forms a new corporation named Global, Inc. on December 31. The following are the company transactions for December and January: 31-Dec Carlo buys shares from Global for cash. $ 50,000 2-Jan Global buys inventory for cash. $ 30,000 3-Jan Global buys equipment for cash. $ 35,000 4-Jan Global pays January rent in cash. $ 5,000 5-Jan Global sells inventory for cash. $ 32,000 5-Jan The cost of the inventory Global sold on Jan 5 $ 15,000 9-Jan Global sells inventory on account $ 10,000 9-Jan The cost of the inventory Global sold on Jan 9 $ 4,000 10-Jan Global takes out a bank loan. $ 7,000 28-Jan Global pays interest on the loan $ 100 29-Jan Global pays a cash dividend. $ 500 30-Jan Global incurs tax expense. $ 1,000 Prepare an income statement and a statement of shareholder equity for the month of January, and a balance sheet for January 31