June 1	Sarah Walker, the owner, invested $112,000 cash, office equipment with a value of $8,000, and $66,000 of drafting equipment to launch the company in exchange for common stock.
June 2	The company purchased land worth $52,000 for an office by paying $10,500 cash and signing a long-term note payable for $41,500.
June 3	The company purchased a portable building with $52,000 cash and moved it onto the land acquired on June 2.
June 4	The company paid $4,800 cash for the premium on an 18-month insurance policy.
June 5	The company completed and delivered a set of plans for a client and collected $8,600 cash.
June 6	The company purchased $23,600 of additional drafting equipment by paying $12,500 cash and signing a long-term note payable for $11,100.
June 7	The company completed $18,800 of engineering services for a client. This amount is to be received in 30 days.
June 8	The company purchased $1,450 of additional office equipment on credit.
June 9	The company completed engineering services for $23,200 on credit.
June 10	The company received a bill for rent of equipment that was used on a recently completed job. The $1,600 rent cost must be paid within 30 days.
June 12	The company collected $9,400 cash in partial payment from the client billed on June 9.
June 14	The company paid $1,200 cash for wages to a drafting assistant.
June 17	The company paid $1,450 cash to settle the account payable created in on June 8.
June 20	The company paid $1,075 cash for minor maintenance of its drafting equipment.
June 23	The company paid $9,600 cash in dividends.
June 28	The company paid $1,200 cash for wages to a drafting assistant.
June 29	The company paid $2,740 cash for advertisements on the web during June.

Complete the income statement and statement of retained earnings