Sal Strods opened a web consulting business called Landscape Dreams and recorded the following transactions in its first month of operations. April 1 Strods invests $95,000 cash along with office equipment valued at $33,5ee in the company in exchange for April 2 The company prepaid $12, ce cash for twelve months rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. April 3 The company made credit purchases for $8,688 in office equipment and $3,900 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received $6,100 cash. April 9 The company completed a $13,500 project for a client, who must pay within 30 days. April 13 The company paid $12,5ee cash to settle the account payable created on April 3. April 19 The company paid $3,6ee cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. April 22 The company received $5,188 cash as partial payment for the work completed on April 9. April 25 The company completed work for another client for $5,488 on credit. April 28 The company paid $6,200 cash in dividends. April 29 The company purchased $2,189 of additional office supplies on credit. April 30 The company paid $3,300 cash for this month's utility bill. Descriptions of items that require adjusting entries on April 30, follow. a) On April 2, the company prepaid $12,000 cash for twelve months' rent for office space. b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April 1 c) Office supplies on hand as of April 30 total $1,500 d) Straight-line depreciation of office equipment, based on a 5-year life and a $6,100 salvage value, is $600 per month e) The company has completed work for a client, but has not yet billed the $2.400 fee. Wages due to employees, but not yet paid, as of April 30 total $3,300. LANDSCAPE DREAMS Income Statement For Month Ended April 30, 2022 Revenues: $ 0 0 Expenses: 0 0 0 0 0 0 0 Net income $ 0