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May 1 Gabi Gram invested $ 4 0 , 5 0 0 cash in the company. May 1 The company rented a furnished office and

May 1 Gabi Gram invested $40,500 cash in the company.
May 1 The company rented a furnished office and paid $2,400 cash for May's rent.
May 3 The company purchased $1,920 of equipment on credit.
May 5 The company paid $720 cash for this month's cleaning services.
May 8 The company provided consulting services for a client and immediately collected $5,900 cash.
May 12 The company provided $2,600 of consulting services for a client on credit.
May 15 The company paid $780 cash for an assistant's salary for the first half of this month.
May 20 The company received $2,600 cash payment for the services provided on May 12.
May 22 The company provided $3,600 of consulting services on credit.
May 25 The company received $3,600 cash payment for the services provided on May 22.
May 26 The company paid $1,920 cash for the equipment purchased on May 3.
May 27 The company purchased $90 of equipment on credit.
May 28 The company paid $780 cash for an assistant's salary for the second half of this month.
May 30 The company paid $300 cash for this month's telephone bill.
May 30 The company paid $270 cash for this month's utilities.
May 31 Gabi Gram withdrew $1,500 cash from the company for personal use.
2-a. Prepare the income statement for May.
2-b. Prepare the statement of owner's equity 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 statement of cash flows for May.
Note: Cash outflows should be indicated with a minus sign.
\table[[THE GRAM COMPANY],[Statement of Cash Flows],[For Month Ended May 31],[Cash flows from operating activities],[Cash received from customers,13,100,,],[Cash paid for equipment,(4,630),,],[,8,470,,],[=
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