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

December 1	Sanyu Sony transferred $64,100 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 $13,100 of electrical equipment by paying $4,900 cash and agreeing to pay the $8,200 balance in 30 days.
December 5	The company purchased supplies by paying $1,000 cash.
December 6	The company completed electrical work and immediately collected $1,500 cash for these services.
December 8	The company purchased $2,630 of office equipment on credit.
December 15	The company completed electrical work on credit in the amount of $4,900.
December 18	The company purchased $410 of supplies on credit.
December 20	The company paid $2,630 cash for the office equipment purchased on December 8.
December 24	The company billed a client $800 for electrical work completed; the balance is due in 30 days.
December 28	The company received $4,900 cash for the work completed on December 15.
December 29	The company paid the assistants salary of $1,300 cash for this month.
December 30	The company paid $540 cash for this months utility bill.
December 31	The company paid $960 cash in dividends to the owner (sole shareholder).

2-a. Prepare the income statement for the current month. 2-b. Prepare the statement of retained earnings for the current month. 2-c. Prepare the balance sheet as of the end of the month. 3. Prepare the statement of cash flows for the current month.