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Gabi Gram started The Gram Company, a new business that began operations on May 1. The Gram Company compieled the following transactions during its first

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Gabi Gram started The Gram Company, a new business that began operations on May 1. The Gram Company compieled the following transactions during its first month of operations: May 1 Gabi Gran invested 544,000 cash in the conpany. May 1 The company rented a furnished office and paid $2,400 cash for May's rent. May 3 The conpany purchased $1,880 of equipnent on credit. May 5 The company paid 8720 cash for this month's cloaning services. May 8 The conpany provided consulting services for a client and ineediatoly collected 55 , 700 cash. May 12 The company provided $2,500 of consulting services for a client on credit: May 15 the company paid 5750 cash for an assistant's salary for the first balf of this nonth. Nay 20 The cocpany/received $2,500 cash paynent for the services provided on may 12. May 22 The coepany provided $3,000 of consulting services on credit, Nay 25 The cowpany recesved 53,000 gash paykent for the services provided on May 22. Hay 26 the cospany paid s1, 880 casb for the equipaent purchased of May 3 . May 27 The conpany purchased ses of equiphent on credit. hay 28 the conpany paid 5740cask for an assistant's salary for the second half af this nonth. May 30 The coepany paid 5400 cash for this month's telephone bill. May 30 The conpany paid $290 cash for this monthis utilitios. May 31 Gabi oram withidrew $1,400 cash fron the conpany for perpopal use. Prepare the statement of owner's equity for May

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