PROBLEM #3 (40 points) An analysis of the transactions made by R&H Blacke Co., a tax firm, for the month of July 2021 is shown below. Each increase and decrease in owner's equity is explained. Accounts Accounts Cash + Receivable + Supplies + Payable + Owner's Capital Owner's Equity Equipment 1. +$13,000 Investment +$13,000 2. - 2,000 +$5,000 +$3,000 3. 950 +$950 4. + 2,500 +$7,000 9,500 Service Revenue 5. - 1,500 - 1,500 6. - 2,500 2,500 Drawings 7.- 2,750 2.750 Rent Expense 8. 580 580 9. - 6,200 6,200 Salaries Expense 10. + 1,500 1,500 Utilities Expense Instructions (a) Prepare an income statement, owner's equity statement and balance sheet