The transactions and integrated financial statement framework for Terry Mason for February 20Y4 appear below:

Alex Vera organized Succulent Express at the beginning of February 20Y4. During February, Succulent Express entered into the following transactions:

2. Terry Mason invested $28,375 in Succulent Express in exchange for common stock.
4. Paid $6,400 on February 1 for an insurance premium on a one-year policy.
6. Purchased supplies on account, $3,540.
8. Received fees of $53,620 during February.
10. Paid expenses as follows: wages, $18,600; rent, $3,100; utilities, $1,550; and miscellaneous, $1,705.
12. Paid dividends of $8,040.

There was $1,947 of supplies on hand as of February 28.

Financial Statement Effects

		Balance Sheet
	Assets	=	Liabilities	+	Stockholders' Equity
	Cash	+	Supplies	+	Prepaid Insurance	=	Accounts Payable	+	Common Stock	+	Retained Earnings
a.	Investment	28,375								28,375
b.	Paid insurance	-6,400				6,400
	Balances	21,975				6,400				28,375
c.	Purchased supplies			3,540				3,540
	Balances	21,975		3,540		6,400		3,540		28,375
d.	Fees earned	53,620										53,620
	Balances	75,595		3,540		6,400		3,540		28,375		53,620
e.	Paid expenses	-24,955										-24,955
	Balances	50,640		3,540		6,400		3,540		28,375		28,665
f.	Paid dividends	-8,040										-8,040
	Balances	42,600		3,540		6,400		3,540		28,375		20,625
a1.	Insurance expense					-533						-533
	Balances	42,600		3,540		5,867		3,540		28,375		20,092
a2.	Supplies expense			-1,593								-1,593
	Balances, February 28	42,600		1,947		5,867		3,540		28,375		18,499
Statement of Cash Flows		Income Statement
a.	Financing	28,375		d.	Fees earned	53,620
b.	Operating	-6,400		e.	Wages expense	-18,600
d.	Operating	53,620		e.	Rent expense	-3,100
e.	Operating	-24,955		e.	Utilities expense	-1,550
f.	Financing	-8,040		e.	Miscellaneous expense	-1,705
	Increase in cash	42,600		a1.	Ins. exp.	-533
				a2.	Supplies exp.	-1,593
					Net income	26,539

1. show an Income Statement for February (for the month ended in February 28, 20Y4)

2.Show a statement of stockholders equity for February (If an amount box does not require an entry, leave it blank.

3. Show a statement of cash flows for February (If your answer is zero, enter "0". Enter net cash outflows beginning with a minus sign.

4. Show a balance sheet for February.