Check my work Problem 2-7A Preparing an income statement, statement of owner's equity, and balance sheet. LO P3 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, the company's records show the following accounts and amounts for the month of March. Equipment Salaries expense Consulting revenue Cash Utilities expense Note payable Accounts receivable A. Lopez, Withdrawals $ 7,000 3,600 15,000 9,200 320 3,000 4,100 2,600 Office supplies Rental revenue Advertising expense Prepaid insurance Accounts payable Note receivable Rent expense Unearned revenue $ 2,100 1,100 520 1,600 3,220 3,100 2,600 420 Required: 1. Prepare a March income statement for the business. 2. Prepare a March statement of owner's equity. The owner's capital account balance at February 28 was $0, and the owner invested $14,000 cash in the company on March 1. 3. Prepare a March 31 balance sheet. Hint: Use the owner's capital account balance calculated in part 2. Required 1 Required 2 Required 3 Prepare a March income statement for the business. METRIX Income Statement 0 Required 1 Required 2 Required 3 Prepare a March statement of owner's equity. The owner's capital account balance at February 28 was $0, and the owner invested $14,000 cash in the company on March 1. METRIX Statement of Owner's Equity 0 $ 0 Required 1 Required 2 Required 3 Prepare a March 31 balance sheet. Hint: Use the owner's capital account balance calculated in part 2. METRIX Balance Sheet $ 0 $ 0 $ 0