Date	Transaction Description	Receipts	Payments
1/1/2020	Cash deposit to start business	$ 10,000.00
1/1/2020	Three month's rent		$ 2,400.00
1/1/2020	Cash register paid for		$ 450.00
1/1/2020	Store furniture paid for		$ 8,500.00
1/31/2020	Receipts for sales in January 2020	$ 6,500.00
2/7/2020	Widgets supplied in January paid for		$ 4,500.00
2/25/2020	Cash withdrawn for your own expenses		$ 3,000.00
2/29/2020	Receipts for sales in February 2020	$ 9,000.00
3/15/2020	Widgets supplied in February paid for		$ 6,000.00
3/16/2020	Store utility charges for Jan, Feb, Mar 2020		$ 300.00
3/31/2020	Receipts for sales March 2020	$ 12,000.00
3/31/2020	Balance in bank on March 31st 2020		$ 12,350.00
		$ 37,500.00	$ 37,500.00

The business buying and selling widgets. I need an income statement that covers the first quarter of 2020 and What is the net surplus/loss of your business for the three months? Please, thank you