Wildcat Co had beginning balances in accounts as follows: a. Cash $6,000 b. Accounts Receivable $15,000 c. Accounts Payable $2,500 1. d. Retained Earnings $10,000 e. Common Stock $8,500 Determine the impact of transactions for the month of January on the financial statement equation. a. Borrowed $7,500 cash from the bank and signed a note payable for that amount. b. Paid $1,500 for January's rent. C. Paid $750 cash due on outstanding accounts payable. d. Received $1,450 cash from customers for services performed in January e. Paid $3,500 cash for salaries earned by employees during January. f. Received a $350 invoice for January's insurance expense. It will be paid in February. 2. Paid $8,500 on January 31st to acquire a machine for business use. Paid $45 cash to the bank for January's interest owed on the notes payable. j. h. i. Provided customer $6,900 of services, on account. k. Declared and paid a $4,500 cash dividend to owners. Considering the beginning balances given in the problem as well as the impact of the transactions, create the three primary financial statements: 1) January income statement, 2) January statement of stockholders equity, and 3) balance sheet for January 31, 2018. 3