Gee Martinez established Gee's Barbershop on March 1, 2019. The effect of each transaction and the balances after each transaction for March is shown below: Instructions: 1. Prepare an income statement for the month ended March 31, 2019 (7 pts). 2. Prepare a statement of owner's equity for the month ended March 31, 2019 (6 pts). 3. Prepare a balance sheet as of March 31, 2019 (7 pts). 4. Prepare a statement of cash flows for the month ended March 31, 2019 (10 pts). Total: 30 pts 100% Owner's Equity Auto Cast 22.000 Rec Supplies Pryable Capita 22.000 Drawing Revenue Expence Expence Expan Exp THE 22.000 100 100 21.500 KUM 1200 22.000 10800 1300 12.300 1300 23.000 5000 ate 37.300 1300 p 25.490 1,200 22.000 1.800 G2000 2,000 1310 Me 23.400 1.400 1,310 F 1400 1,300 22,000 18.300 1,000 1000 te Prepare an income statement for the month ended March 31, 2019 (7 pts). Gee's Barber Shop Income Statement For the month ended in March 31, 2019 Fees earned 19,3000 Expenses: Rent Salaries 500 2,000 Supplies 300 Auto 1,150 Misc 300 Total Expenses 4.250 Net Income $15.050 2000 Prepare a statement of owner's equity for the month ended March 31, 2019 (6 pts). Gee Martinez, capital March 1, 2019 Investment on March1,2019 Gee's Barber Shop Statement of Owners Equity For the month ended in March 31, 2019 $0.00 $22,000 Net Income for March 15,050 Withdrawals -3,000 Increse in owners equity Gee Martinez, capital March 31, 2019 34.050 34,050