Shareholder's Equity Assets Liabilities Land Trans. Cash Accounts Receivable Notes Contributed Retained Payable Capital +30k Earnings 1 +30k +20k 2 -20k 3 +9k +9k 4 +8k +8k 5 -5.5k -500 -5.5k 6 -500 Total each asset, liability, and shareholders' equity account and prepare an income statement of shareholders' equity, a balance sheet, and a statement of cash flows. Assume that the current year is the company's first year of operations