Question 1 (50 points] United Corporation began operations on April 1, 2014. The transactions for the first month follow. a. A shareholder paid United Corporation $65,000 cash for share capital in the business. b. United Corporation collected $5,000 for commissions earned today. c. United Corporation used credit to purchase $4,250 of equipment. d. United Corporation bought $2,750 of equipment, using $500 cash and $2,250 on account. e. Provided consulting services to a customer and collected $900. f. Furniture was rented by a customer for $600 cash. g. United Corporation purchased $1,750 of equipment on credit. h. United Corporation used $1,000 cash and $3,250 credit to purchase new equipment worth $4,250. i. United Corporation paid this month's $250 utilities bill received today. j. United Corporation paid dividends of $2,000 to the shareholders. Fill out the following table, according to the transactions above. Select the headings for each column by clicking on the appropriate cell. Also indicate next to each change in equity in the explanation column) whether it was caused by issuance of share capital investment), a revenue, an expense or payment of dividends. Identify revenues and expenses by name. Calculate the total balance for each column (no + or - sign is required for totals). In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended April 30. a) Complete the following accounting equation table: Assets = Liabilities Equity Explanation +Share Capital+Retained Earnings (a) @@os E GEES Bal. b) Complete the following income statement: b) Complete the following income statement: (select one) Income Statement (select one) c) Complete the following statement of changes in equity: (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity x x x X + d) Complete the following balance sheet: (select one) Balance Sheet (select one) x X + X X X X X X + - SUBMIT AND MARK (