Record each of the following transactions/events in the tabular analysis above including the date of each transaction as well as descriptions of amounts in the Cash and R/E columns. 2. Use the resulting tabular analysis to prepare an income statement, statement of retained earnings, balance sheet and statement of cash flows for the month. 3. If the equipment were sold for $3,400 on May 1st record the necessary transaction. Assets = Liabilities Cash A/R Pre. Exp. Supp. Equip. A/D A/P N/P Unearn. Rev. C/S R/E 11,900 2,200 0 200 0 0 300 4,000 1,000 6,000 3,000 Stockholder's Equity 4/1 Borrowed $2500 from a bank. 4/1 Purchased a six month insurance policy for $1,980. 4/1 Purchased equipment for $3,600 on account; management expects it will be useful for five years at which time it should be worth $1,200. 4/3 Performed $3,400 of consulting services for customers on account. 4/6 Services previously sold in advance for $800 were preformed. 4/9 Paid advertising of $350. 4/15 Purchased supplies of $190. 4/20 Performed $900 of services for customers. 4/25 Received a utility bill for $275; will be paid next month. 4/28 Received $600 from customers on account. 4/29 Made payment on bank loan of