Please answer question P1.3 parts a-c and show all work. I will rate thank you

P1.3 (LO 3), AP On June 1, 2025, Elite Service Co. Was started with an initial investment in the company of \$22,100 cash. Here are the assets, liabilities, and common stock of the company at June 30,2025 , and the revemues and expenses for the month of June, its first month of operations: During June, the company issued no additional sock but paid dividends of $1,400. Check figures provide a key number to let you knowr you are en the right track. Instructions a. Prepare an income statement and a retained earnings satenent for the month of June and a balance sheet at June 30,2025. Nei income b. Briefly discus whicther the company's first month of operations was a success. c. Disaiss the companys decision to distrituate a dividend