Case Problem 3-1 On April 1, 2022, Lynn Garcia started her business, Lynn's Music Studio. Lynn began by depositing $10,000 cash in a bank account in the business name. She also contributed a piano and some guitars. The musical instru- ments have an outstanding note balance of $2,000 that has been assumed by the business. The cash, musical instruments, note payable, and capital have all been recorded in the opening balances of the books. During the first part of the month, Lynn set up her studio. She has now begun providing piano and guitar lessons. Piano lessons are billed at $35 per hour, and guitar les sons are billed at $30 per hour. You will record the transactions listed below for the month of April. The company file for this chapter includes the begin- ning information for Lynn's Music Studio along with the transaction bal- ances from Chapter 2. 1. Open the company file CH3 Lynn's Music Studio.QBW. 2. At the QuickBooks Desktop Login window, in the Password text box, type Student1 and then click OK. 3. Make a backup copy of the company file and name it LMS3 [Your Name] Lynn's Music Studio. 4. Restore the backup copy of the company file. In both the Open Backup Copy and Save Company File as dialog boxes, use the file name LMS3 [Your Name] Lynn's Music Studio and enter the password. 5. Change the company name to LMS3 [Your Name] Lynn's Music Studio. 6. Add the following customer to the Customer Center: CUSTOMER NAME: OPENING BALANCE: COMPANY NAME: First Name: Last Name: Main Phone: Mobile: Main Email: INVOICE/BILL TO: Musical Youth Group 0 AS OF April 1, 2022 Musical Youth Group Dana Thompson 570-555-6642 570-555-6700 mygppi-edu.net 550 Marion Lane Scranton, PA 18504 20,000 CREDIT LIMIT PAYMENT TERMS: Net 30 Days TYPE Group Delete the following customer: Rivera Family