Transactions: a. Guttery invested $148,000 in cash to start the business. b. Paid $4,800 for the current month's rent. c. Bought office furniture for $15,520 in cash. d. Performed services for $8,400 in cash. e. Paid $1,130 for the monthly telephone bill. f. Performed services for $14,200 on credit. g. Purchased a computer and copier for $35,600; paid $11,800 in cash immediately with the balance due in 30 days. h. Received $7,100 from credit clients. i. Paid $2,800 in cash for office cleaning services for the month. j. Purchased additional office chairs for $4,600; received credit terms of 30 days. k. Purchased office equipment for $28,000 and paid half of this amount in cash immediately; the balance is due in 30 days. I. Issued a check for $8,200 to pay salaries. m. Performed services for $14,700 in cash. n. Performed services for $16,200 on credit. o. Collected $6,800 on accounts receivable from charge customers. p. Issued a check for $2,300 in partial payment of the amount owed for office chairs. q. Paid $580 to a duplicating company for photocopy work performed during the month. r. Paid $1,100 for the monthly electric bill. s. Guttery withdrew $7,800 in cash for personal expenses. Required: Prepare a trial balance, an income statement, a statement of owner's equity, and a balance sheet. Assume that the transactions took place during the month ended June 30, 2019. Determine the account balances before you start work on the financial statements. Analyze: What is the change in owner's equity for the month of June?