M1: MBC Problems Ch. 1 Required a. Prepare an income statement for the month of March. Do not use negative signs with your answers. b. Prepare a balance sheet as of March 31 . b. Prepare a balance sheet as of March 31 . M1: MBC Problems Ch. 1 Required a. Prepare an income statement for the month of March. Do not use negative signs with your answers. b. Prepare a balance sheet as of March 31 . b. Prepare a balance sheet as of March 31