Financial Statements Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow: a. +75,000 +75,000 b. Bal. 75,000 9,000+9,0009,000+9,000 C. Bal.167,000+92,000 9,00075,0009,000+92,000 d. 27,000 Bal. 140,000 9,0009,00075,000 27,00027,000 e. Bal.134,0006,000 9,0006,0003,000 92,000+33,000125,000 27,00027,000 g. 23,000 Bal. 111,000 33,0009,000 7,75,000 125,000 7,500 h. 58,000 Bal. 53,000 33,0009,000 7,00075,000 58,00027,00015,500 i Bal. 53,00033,0002,900 3,000 \begin{tabular}{llllll} \hline 125,000 & 58,000 & 27,000 & 15,500 & 6,100 & 7,500 \end{tabular} j 3,000 \begin{tabular}{lllllll} 5,000 \\ \hline5,000 & 125,000 & 58,000 & 27,000 & 15,500 & 6,100 & 7,500 \\ \hline \hline \end{tabular} Required: 1. Prepare an income statement for the month ended August 31, 20Y1. negative number using a minus sign. 3. Prepare a balance sheet as of August 31, 20Y1. When entering assets, enter them in order of liquidity