The accountant for the firm owned by Vincent Sutton prepares financial statements at the end of each month. Transactions: o. Sutton invested $141,000 in cash to start the business. b. Paid $4,100 for the current month's rent. c. Bought office furniture for $14,820 in cash. d. Performed services for $9.100 in cash. e. Paid $1,060 for the monthly telephone bill. 1. Performed services for $14.900 on credit. 9. Purchased a computer and copier for $34.200 : paid $11,100 in cash immediately with the balance due in 30 days. h. Received $7.450 from credit clients. 1. Paid $2.100 in cash for office cleaning services for the month. j. Purchased additional office chairs for $3,900, recelved credit terms of 30 days. k. Purchased office equipment for $21,000 and paid half of this amount in cash immediately: the balance is due in 30 day: I. Issued a check for $7,500 to pay salaries. m. Performed services for $15,400 in cash. n. Performed services for $16,900 on credit. o. Collected $6,100 on accounts recelvable from charge customers. p. Issued a check for $1.950 in partial payment of the amount owed for office chairs. q. Paid $510 to a duplicating company for photocopy work performed during the month. r. Paid $1,030 for the monthly electric bill. s. Sutton withdrew $7,100 in cash for personal expenses. Required: Prepare a trial balance, an income statement, a statement of owner's equity, and a balance sheet. Assume that the transactions took place during the month ended June 30,201. Determine the account balances before you start work on the financial staternents. Anolyze: What is the change in owner's equity for the month of June? Complete this question by entering your answers in the tabs below. Determine the account balances and prepare a trial balance for the month ended June 30,201. Prepare an income statement for the month ended June 30,201. Prepare a statement of owner's equity for the month ended June 30,201. Prepare a balance sheet for the month ended June 30,201. Complete this question by entering your answers in the tabs below. What is the change in owner's equity for the month of June