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Homework Required information The following information applies to the question displayed below! Gabi Gram started The Gram Co. a new business that began operations on

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Homework Required information The following information applies to the question displayed below! Gabi Gram started The Gram Co. a new business that began operations on May 1 The Gremo completed the following transactions during its first month of operations ay 19. Gran invested $40,000 cash in the company in exchange for mon stock 1 The company rated furnished office and paid $2.200 cath for rent 3 The company purchased 01.050 ottice pent on credit. 5 The company paid $750 cash for this month's cleaning rices. The company provided consulting w for a client and immediately collected 5,400 canh 12 The company provided 52,500 of conting for a client credit. 15 The company paid $750 cash for an astant's salary for the tits her of this the 20 The company received $2.500 cash payment for the vid on my 12. 22 The company provided $3,200 ot contingervices to credit 25 The company received 53,200 cash payment for the services provided on May 22 26 The company paid 51.690 cash for the office equipment purchased on May . 27 The company purchased 50 of officequent credit 28 The company paid 5750 cash for an animat for the end hat of this month 30 The company paid $300 cash for this month's telephone 30 The company paid $210 cash for this month'utilities. 31 The company paid $1,400 cash in dividend to the cole holder 2-a. Prepare income statement for May 2-b. Prepare statement of retained earnings for May 2-c. Prepare balance sheet for May 31 3. Prepare statement of cash flows for May Complete this question by entering your answers in the tabs below. Required 2A Required 26 Required 2C Requred Prepare income statement for May. THE GRAM CO Income Statement For Month Ended May 31 Revenues Expenses Required 23 )

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