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Complete this question by entering your answers in the tabs below. Prepare the statement of owner's equity for May. Prepare the statement of cash flows for May. Note: Cash outflows should be indicated with a minus sign. Complete this question by entering your answers in the tabs below. Prepare the balance sheet for May 31 . Required Information [The following information applies to the questions displayed below] Gabi Gram started The Gram Company, a new business that began operations on May 1. The Gram Company completed the following transactions during its first month of operations. May 1 Gabi Gran invested $42,500 cash in the company. May 1 The company rented a furnished office and paid $2,390cash for May's rent. May 3 The company purchased $1,870 of equiptent on credit. May 5 The coepany paid $800 cash for this month's cleaning services. May 8 The company provided consulting services for a c1ient and inmediately collected 55,609 cash. May 12 The company provided $2,800 of consulting services for a client on credit. May 15 The company paid $760 cash for an assistant's solary for the first half of this nonth. May 20 The company recelved $2,800 cash payment for the services provided on May 12. May 22 The company proyided $3,300 of consultine services on credit. May 25 The company received $3,300 cash payment for the services provided on May 22. May 26 The cospany pald $1,870 cash for the equipment purchased on May 3. May 27 The conpany purchased 590 of equiphent on credit. May 28 The company paid $760 cash for an assistant's salory for the second half of this month. May 30 The company pald $400 cash for this sonth's telephone bili. May 30 The company paid $300 cash for this month's utilities. Nay 31 Gabi Gram withdrew $1,909 cash fron the company for personal use. 2-0. 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, Required information Complete this question by entering your answers in the tabs below. Prepare the income statement for May