May $1G.$ Gram invested $$43,000$ cash in the company in exchange for its common stock.

May $1$ The company rented a furnished office and paid $$2,200$ cash for May's rent.

May $3$ The company purchased $$1,930$ of equipment on credit.

May $5$ The company paid $$770$ cash for this month's cleaning services.

May $8$ The company provided consulting services for a client and immediately collected $$5,400$ cash.

May $12$ The company provided $$2,400$ of consulting services for a client on credit.

May $15$ The company paid $$720$ cash for an assistant's salary for the first half of this month.

May $20$ The company received $$2,400$ cash payment for the services provided on May $12.$

May $22$ The company provided $$3,300$ of consulting services on credit.

May $25$ The company received $$3,300$ cash payment for the services provided on May $22.$

May $26$ The company paid $$1,930$ cash for the equipment purchased on May $3.$

May $27$ The company purchased $$75$ of equipment on credit.

May $28$ The company paid $$720$ cash for an assistant's salary for the second half of this month.

May $30$ The company paid $$350$ cash for this month's telephone bill.

May $30$ The company paid $$260$ cash for this month's utilities.

May $31$ The company paid $$1,800$ cash in dividends to the owner $($sole shareholder$).$

$2-$a$.$ Prepare the income statement for May.

$2-$b$.$ Prepare the statement of retained earnings for May.

$2-$c$.$ Prepare the balance sheet for May $31.$

$3.$ Prepare the statement of cash flows for May.

Complete this question by entering your answers in the tabs below.

Required $2A$

Required $2B$

Required $2C$

Required $3$

Prepare the balance sheet for May $31.$

$\backslash$table$[[$THE GRAM COMPANY$],[$Balance Sheet$],[$May $31],[$Assets$,,$Liabilities,,taver$],[$Equipment$,$$$,2,005,,,$