Yard Professionals incorporated experienced the following events in Year 1, its first year of operation: 1. Performed services for $29,000 cash. 2. Purchased $5,200 of supplies on account. 3. A physical count on December 31 , Year 1 , found that there was $1,060 of supplies on hand Required Based on this information alone: a. Record the events in general ledger occounts under an accounting equation. b. Prepare an income statement, balance sheet, and statement of cash flows for the Year 1 accounting period 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