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Sanyu Sony started a new business and completed these transactions during December.

December $1$ Sanyu Sony transferred $$64,600$ cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock.

December $2$ The company paid $$1,400$ cash for the December rent.

December $3$ The company purchased $$15,000$ of electrical equipment by paying $$6,800$ cash and agreeing to pay the $$8,200$ balance in $30$ days.

December $5$ The company purchased $$upplies by paying $$800$ cash.

December $6$ The company completed $$lectrical work and immediately collected $$1,500$ cash for these services.

December $8$ The company purchased $$2,820$ of office equipment on credit.

December $15$ The company completed electrical work on credit in the amount of $$6,000.$

December $18.$ The company purchased $$310$ of supplies on credit.

December $20$ The company paid $$2,820$ cash for the office equipment purchased on December $8.$

December $24$ The company billed a client $$900$ for electrical work completed; the balance is due in $30$ days.

December $28$ The company received $$6,000$ cash for the work completed on December $15.$

December $29$ The company paid the assistant's salary of $$1,800$ cash for this month.

December $30$ The company paid $$540$ cash for this month's utility bill.

December $31$ The company paid $$960$ cash in dividends to the owner $($sole shareholder$)$

Prepare the balance sheet as of the end of the month.

Prepare the statement of cash flows for the current month.