Sanyu Sony started a new business and completed these transactions during December.December $1$ Sanyu Sony transferred $$70,000$cash from a personal savings account to a checking account in the name of Sony Electric in exchange for its common stock.December $2$The company paid $$1,700$ cash for the December rent.December $3$The company purchased $$14,300$ of electrical equipment by paying $$6,100$ 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 $$1,200$ cash for these services.December $8$The company purchased $$2,910$ of office equipment on credit.December $15$ The company completed electrical work on credit in the amount of $$4,800.$December $18$ The company purchased $$470$ on credit. december $20$ the company paid $2,910$ 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 recevied $4,800$ cash for the work completed on december $15.$ december $29$ the company paid the assistant's salary of $1,600$ cash for this month. december $30$ the company paid $500$ cash for this months utility bill. december $31$ the company paid $990$ cash in dividends to the owner$($sole shareholder$)$ prepare the income statement for the current month