Problem SOLA On April 1 Skysong, Inc. was established. These transactions were completed during the month 1. Stockholders invested $29.200 cash in the company in exchange for common stock 2. Paid $640 cash for April officerent, 3. Purchased office equipment for $3.520 cash 4. Purchased $270 of advertising in the Chicago Tribune on account. 5. Paid $600 cash for office supplies. 6 Performed services worth $11.700 Cash of 53.400 is received from customers, and the balance of $8.300 is billed to customers on account 7. Paid $330 cash dividends. 8. Paid Chicago Tribune amount due in transaction (4). 9. Paid employees' salaries 51.010. 1 10. Received $8.500 in cash from customers billed previously in transaction (6) Prepare a tabular analysis of the above transactions. Indude margin explanations for any changes in Retained Gaming (faransaction causes a decrease in Asses besor Stockholders' Fowity, placerat sign (or parentheses) in front of the amount entered for the particular Asset Liability or Equity em that was reduced. Seetration 3-4 for comple) SKYSONG, INC. Assets Liabilities Stockholders' Equity Cash Supplies Accounts Receivable + Equipment Accounts Payable Red Earnings Commen Stock Divendres Revenues s 1 (1) $ (2) (3) & (3) (5) v (6) (7) (8) (9) (10) From an analysis of the Retained Eaminge columns, compute the net income ornets for April (inter negativamente using ither a veceding the number -45 (45) Net Income (LOS) for Agri Click if you would like to show Work for this questions