Sharon Lee started her own consulting firm, Carla Vista Consulting, on May 1, 2020. The following transactions occurred during the month of May.

May 1		Trixie invested $6,200 cash in the business.
2		Paid $800 for office rent for the month.
3		Purchased $600 of supplies on account.
5		Paid $180 to advertise in the County News.
9		Received $3,500 cash for services performed.
12		Withdrew $1,100 cash for personal use.
15		Performed $5,600 of services on account.
17		Paid $2,000 for employee salaries.
20		Made a partial payment of $400 for the supplies purchased on account on May 3.
23		Received a cash payment of $4,300 for services performed on account on May 15.
26		Borrowed $4,900 from the bank on a note payable.
29		Purchased equipment for $4,100 on account.
30		Paid $300 for utilities. pllllzz I need this

rentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.) MATRIX CONSULTING Liabilities Assets Owner's Equity Accounts Receivable Cash Supplies Notes Payable Equipment Accounts Payable Ite Owner's Capital Owner's Drawings Revenues Expenses 1 $ $ $ $ $ $ 2 3 5 9 12 15 17 20 23 26 29 30 $ Prepare an income statement for the month of May. CARLA VISTA CONSULTING Income Statement $ Prepare a balance sheet at May 31, 2020. (List Assets in order of liquidity.) CARLA VISTA CONSULTING Balance Sheet Assets $ $ Liabilities and Owner's Equity $ A $