Nancy Tercek started a delivery service, Cullumber Company, on June 1, 2020. The following transactions occurred during the month of June. June 1 2 3 5 9 Stockholders invested $10,000 cash in the business in exchange for common stock. Purchased a used van for deliveries for $14,000. Nancy paid $3,000 cash and signed a note payable for the remaining balance. Paid $300 for office rent for the month. Performed 54,400 of services on account Declared and paid $200 in cash dividends Purchased supplies for $100 on account Received a cash payment of $1,000 for services performed on June 5. Purchased gasoline for $100 on account Received 51 300 cash for services performed, Made a cash payment of 5400 on the note payable Paid 5100 for utilities 12 15 17 20 23 26 29 Paid for the gasoline purchased on account on June 17 30 Pald $1.000 for employce salaries Show the effects of the previous transactions on the accounting equation using the following format. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example) Assets Date Cash Accounts Recevable Supplies Equip June 1 s 2 2 5 Question 9 of 9 - / 1.5 17 INC 26 20 List of Accounts 64F a 640 O W Prepare an income statement for the month of June. Cullumber Company Income Statement > List of Accounts Question 9 of 9 - /1.5 E Cullumber Company Balance Sheet Assets Liabilities and Stockholders' Equity 5