Following transactions relates to Design Inc., an interior decorating company, which started its business from January 2022: Jan 2 Invested $50,000 cash in the business. Jan 3 Signed a lease for office warehouse. Jan 5 Purchased supplies on account for $7,000. Jan 6 Hired 2 employees for each $3,000 monthly pay. Jan 7 Purchased designing equipments for $10,000. Jan 9 Performed first interior decorating job for Zara Company worth $20,000 on credit. Jan 11 Paid $5,000 cash for advertisements in newspaper. Jan 25 Paid $8,000 for rent, $2,300 for utilities. Jan 28 Paid $6,000 for salaries to the employees. Jan 31 Received in full from Zara Company. Required: Prepare a tabular analysis of the transactions for Design Inc., and calculate the Net income/loss for the company