Nona Curry started her own consulting firm, Marin Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $16,950 cash in the business in exchange for common stock. 2 Paid $678 for office rent for the month. 3 Purchased $565 of supplies on account. 5 Paid $170 to advertise in the County News. 9 Received $1,582 cash for services performed. 12 Paid $226 cash dividend. 15 Performed $4,746 of services on account 17 Pald $2,825 for employee salaries. 20 Paid for the supplies purchased on account on May 3. 23 Received a cash payment of $1,356 for services performed on account on May 15. 26 Borrowed $5,650 from the bank on a note payable. 29 Purchased office equipment for $2,260 paying $226 In cash and the balance on account. 30 Paid $203 for utilities. ration e A b ies or Stochod u Shows the effects of the above transaction on the accounting equation using the following format. Assume the mote payable is to be read within the year locanegative for parentheses Intron of the amount and for the particulo Aut o r item that was reduced Seestration 4 MARIN INC Assets Dute Cash ACC Rechable Supplies Equipment at Accounts Payable Common Stock Masa May May 30 c c edere sine L es or Stocide' qui Show the effects of the above transactions on the placeative for print on the riguation in the following format Authente payable is to be read within the year a red for the particular Assettory that waduan Ser 4 for emple) MARIN INC Notes Payable - Accounts Payable - Common Stock Retained Earnings Expenses Dividende Prepare an income statement for the month of May 2022. MARIN INC. Income Statement May 31, 2022 Revenues Sales Revenue e Textbook and Media List of Accounts Prepare a classified balance sheet at May 31, 2022. (List current assets in order of liquidity) MARIN INC. Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity