Check my werk Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1 On December 31, Metrix shows the following selected accounts and amounts for the month of December Cash $ 3.200 A Lopez. Capital $ 12.400 Accounts receivable 3,600 A. Lopez, withdrawals 2.100 Notes receivable 2.600 Consulting revenue 12.500 office supplies 1.600 Rental revenue 500 Prepaid insurance 1. 100 Salaries expense 3.100 Equipment 4.500 Rent expense 2.100 Accounts payable 1.220 Advertising expense 420 Notes payable 2.500 Utilities expense Unearned revenue 320 220 Required: 1. Prepare a December income statement for the business 2. Prepare a December statement of owner's equity. The A Lopez, Capital account balance at December 1 was SO. and the owner invested $12,400 cash in the company on December 2. 3. Prepare a December 31 balance sheet. Hint: Use the A. Lopez, Capital account balance calculated in part 2 $ Assets Cash PAccounts receivable Office supplies Equipment Notes receivable Prepaid insurance METRIX Balance Sheet As of December 31 Liabilities: 8200 Accounts payable 3,600 Notes payable 1.600 Unearned revenue 4.500 2,600 1.100 Equity: A Lopez, Capital 1.220 2.500 320 $ 4040 $ 21,600 $ 4,040