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, cash along with office equipment valued at $26,6 in the company in exchange for common stock. April 2 The company prepaid $9,0 cash for 12 months' rent for office space. The company's policy is to record prepaid expenses in balance sheet accounts. April 3 The company made credit purchases for $8, in office equipment and $3,66 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received $4,0 cash. April 9 The company completed a $6,006 project for a client, who must pay within 30 days. April 13 The company paid $11,690 cash to settle the account payable created on April 3. April 19 The company paid $2,460 cash for the premium on a 12 -month prepaid insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts. April 22 The company received $4,4 e cash as partial payment for the work completed on April 9. April 25 The company completed work for another client for $2,89e on credit. April 28 The company paid $5,560 cash in dividends. April 29 The company purchased $60 of additional office supplies on credit. April 39 The company paid $435 cash for this month's utility bill. The financial statements report the cumulative impact of all transactions recorded as of the financial 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 immediately 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