Complete this question by entering your answers in the tabs below. Prepare the statement of cash flows for May. Note: Cash outflows should be indicated with a minus sign. \begin{tabular}{||l|r|r|} \hline & & \\ \hline & & (2,005) \\ \hline Cash flows from financing activities & & \\ \hline Cash investment by owner & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Net cash provided by financing activities & & 40,000 \\ \hline Net increase in cash & & \\ \hline Cash balance, May 1 & & $55,775 \\ \hline Cash balance, May 31 & & $ \$ \\ \hline \end{tabular} Required 2C Required 3 > Required information [The following information applies to the questions displayed below.] Gabi Gram started The Gram Company, a new business that began operations on May 1. The Gram Company completed the following transactions during its first month of operations. May 1 Gabi Gram invested $40,000 cash in the company. May 1 The company rented a furnished office and paid $2,200 cash for May's rent. May 3 The company purchased $1,890 of equipment on credit. May 5 The company paid $750 cash for this month's cleaning services. May 8 The company provided consulting services for a client and immediately collected $5,400 cash. May 12 The company provided $2,500 of consulting services for a client on credit. May 15 The company paid $750 cash for an assistant's salary for the first half of this month. May 20 The company received $2,500 cash payment for the services provided on May 12 . May 22 The company provided $3,200 of consulting services on credit. May 25 The company received $3,200 cash payment for the services provided on May 22 . May 26 The company paid $1,890 cash for the equipment purchased on May 3 . May 27 The company purchased $80 of equipment on credit. May 28 The company paid $750 cash for an assistant's salary for the second half of this month. May 30 The company paid $300 cash for this month's telephone bill. May 30 The company paid $280 cash for this month's utilities. May 31 Gabi Gram withdrew $1,400 cash from the company for personal use. 2-a. Prepare the income statement for May. 2-b. Prepare the statement of owner's equity for May. 2-c. Prepare the balance sheet for May 31. 3. Prepare the statement of cash flows for May