Yard Professionals Inc. experienced the following events in Year 1, its first year of operation 2. Purchased $6,200 of supplies on account. 3. A physical count on December 1, Year 1, found that there was $1,260 of supplies on hand Required Based on this information alone the events in general ledger accounts under an accounting equation. b. Prepare an income statement, balance sheet, and statement of cash flows for the Year 1 accounting perlod. c. What is the balance in the Supplies account as of January 1, Year 2? d. What is the balance in the Supplies Expense account as of January 1, Year 2? de