The transactions for SLs first few months of operation are listed below. Use this information to analyze SLs May results on both an accrual basis and a cash basis. Show that Equity at the end of May, the first month of operation, is equal to the total of Cash at May 31 plus the cumulative differences between the accrual and the cash bases of accounting (Hint: since May is the first month of operations, the cumulative differences are simply equal to the May differences). You may find it helpful to organize your analysis using the format displayed below. (Hint: amounts may be positive, negative, or 0).