More Info a. Maren started the business by depositing $11,000 in a business checking account on April 1 in exchange for common stock. b. The company provided services to clients and received $4,900 in cash. c. The company borrowed $1,900 from the bank for the business by signing a note. d. The company paid $900 of operating expenses. e. The company purchased a new computer for $3,400 cash to use to keep track of its customers, starting next month. f. The company distributed $1,500 to the owner as dividends. Print Print Done Done The following transactions apply to Maren's Maid Service during April 2012: (Click to view the transactions.) Requirements 1. Enter the transactions into the accounting equation. 2. What are the total assets of the company at the end of April 30, 2012? 3. Prepare a statement of cash flows for the month ended April 30, 2012. 4. What was net income for the month ended April 30, 2012? Requirement 1. Enter the transactions into the accounting equation. Begin by entering transaction a. Then, enter each transaction in the order they occurred. (Use parentheses or a minus sign when entering account decreases. Use only the necessary input lines.) Shareholders' Equity Assets Liabilities Contributed Capital Retained Earnings Account Account Account Account + + + + + + + + + + + + + + + + + + | e. Requirement 2. What are the total assets of the company at the end of April 30, 2012? The total assets at the end of April 30, 2012 are $ Requirement 3. Prepare a statement of cash flows for the month ended April 30, 2012. Begin by completing the heading of the statement and then complete the statement. (Use parentheses or a minus sign to enter decreases in cash.) Cash from operating activities: Cash from investing activities: Cash from financing activities: Net increase in cash Requirement 4. What was net income for the month ended April 30, 2012? Net income for April 30, 2012 was $ 1