On July 1, 2016, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July. A. Opened a business bank account with a deposit of $25,000 in exchange for common stock. B. Purchased office supplies on account, $1,850. C. Paid creditor on account, $1,200. D. Earned sales commissions, receiving cash, $41,500. E. Paid rent on office and equipment for the month, $3,600. F. Paid dividends, $4,000. G. Paid automobile expenses (including rental charge) for month, $3,050, and miscellaneous expenses, $1,600. H. Paid office salaries, $5,000. I. Determined that the cost of supplies on hand was $950; therefore, the cost of supplies used was $900. Please create a balance sheet and income statement for the above input.