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Lars Linken opened Flint Cleaners on March 1 , 2 0 2 2 . During March, the following transactions were completed. Mar. 1 Issued 1

Lars Linken opened Flint Cleaners on March 1,2022. During March, the following transactions
were completed.
Mar. 1 Issued 11,400 shares of common stock for $17,100 cash.
1 Borrowed $6,600 cash by signing a 6-month, 6%, $6,600 note payable. Interest will
1 Purchased used truck for $9,100 cash.
2 Paid $1,800 cash to cover rent from March 1 through May 31.
3 Paid $2,700 cash on a 6-month insurance policy effective March 1.
6 Purchased cleaning supplies for $2,280 on account.
14 Billed customers $4,220 for cleaning services performed.
18 Paid $570 on amount owed on cleaning supplies.
20 Paid $2,000 cash for employee salaries.
21 Collected $1,820 cash from customers billed on March 14.
28 Billed customers $4,790 for cleaning services performed.
31 Paid $400 for gas and oil used in truck during month (use Maintenance and Repairs
Declared and paid a $1,030 cash dividend.
Prepare the income statement for march.
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