Karla Tanner opens a web consulting business called Linkworks and completes the following transactions in its first month of operations. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. April 1 Tanner invested $80,000 cash along with office equipnent valued at $26,000 in the company in exchange for April.2 The company prepaid $9,000 cash for 12 months' rent for office space. The conpany's policy is to record Aprit prepaid expenses in balance sheet accounts. Aprit 3 The company made credit purchases for $8,000 in office equipment and 53,600 in office supplies. Payment is due within 10 days. April 6 The conpany completed services for a client and imnediately received $4,000 cash. Aprit 9 The company coepleted a $6,000 project for a client, who must pay within 30 days. April 13 The company paid $11,600 cash to settle the account payable created on Aprit 3. Aprit 19 The company paid $2,400 cash for the premium on a 12-month prepaid insurance policy. The cospany's poticy is. April 22 The cord prepaid expenses in batance sheet accounts. April 25 The company received 54,460 cash as partial payment for the work completed on April 9. April 28 The company completed work for another client for $2,890 on credit. Aprit 29 The company paid $5,593 cash in dividends. April 30 The company purchased 5600 of additional office supplies on credit. Apr1t 30 The coepany paid $435 cash for this month's utility bill. The financlal statements report the cumulative impact of all transactions recorded as of the financlal statement date. Input the cumulative amount of a) Net Income (Loss), b) Total Assets, c) Total Liabilities, and d) Total Equity that would be reported on the financial statements immedlately after each transaction is recorded. (Hint: You can check your work by selecting the date on the trial balance tab.) The first two transactions are completed for you