the organizing phase of the new business and its first month of operations in $2024$:

$($i$)($Click the icon to view the transactions.$)$

Read the requirements.

$$,53,950,=$$

Requirement $2.$ Prepare the financial statements.

a$.$ Income statement for the month ended April $30,2024.($If a box is not used in the table leave the box empty; do not select a label or enter a zero.$)$

Review the ending balances of the accounts from Requirement $1.$