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 G. Gran invested $41,009 cash in the company in exchange for its cominon stack. May 1 The company rented a furnished office and paid $2,300 cash for May's rent. May 3 The coepany purchased $1,950 of equipment on credit. May $ The company paid $730 cash for this nonth's cleahing services. May 8 The company provided consulting services for a client and immediately collected \$5, 300 cash. May 12 The company provided $2,900 of consulting services for a client on credit. May 15 The company paid $790 cash for an assistant's salary for the first half of this month. May 20 The coeipany received $2,900 cash paynent for the services provided on May 12. May 22 The company provided $4,000 of consulting services on credit. May 25 The company received $4,000 cash payment for the services provided on May 22. May 26 The company paid $1,950 cash for the equipment purchased on May 3. Nay 27 The company purchased $75 of equipeent on credit. May 28 The company paid $790 cash for an assistant's salary for the second half of this month. May 30 The coepany paid $350 cash for this month's telephone bill. May 30 The company paid $270 cash for this gonth's utilities. May 31 the company paid $1,900 cash in dividends to the owner (sole sharehiglder). 2-o. Prepare the income statement for May. 2-b. Prepare the statement of retained eamings for May. 2-c. Prepare the balance sheet for May 31. 3. Prepare the statement of cash flows for May