Nona Curry started her own consulting firm, Larkspur, Inc., on May 1, 2017. The following transactions occurred during the month of May. Then, Prepare an income statement for the month of May 2017, retained earnings statement for the month of May 2017.and a classified balance sheet at May 31, 2017.

May 1		Stockholders invested $20,550 cash in the business in exchange for common stock.
2		Paid $822 for office rent for the month.
3		Purchased $685 of supplies on account.
5		Paid $205 to advertise for the month in the County News.
9		Received $1,918 cash for services performed.
12		Paid $274 cash dividend.
15		Performed $5,754 of services on account.
17		Paid $3,425 for employee salaries.
20		Paid for the supplies purchased on account on May 3.
23		Received a cash payment of $1,644 for services performed on account on May 15.
26		Borrowed $6,850 from the bank on a note payable.
29		Purchased office equipment for $2,740 paying $274 in cash and the balance on account.
30		Paid $247 for utilities.

Date Cash TILLVURI + + Supplies + Equipment + Receivable + Retained Earnings Payable Payable Stock Revenues Expenses Dividends May 1 $ $ $ May 2 Rent Expense May 3 May 5 Advertising Exper May 9 Service Revenue May 12 Dividends May 15 Service Revenue May 17 Salaries and Wag May 20 May 23 May 26 May 29 May 30 Utilities Expense