The carmichael company started operations this month and had the following transactions owners invested $20,000 to start the company sold $3,000 of services to customers purchased $1,500 of equipment on account paid $1,700 for office rent borrowed $2,200 from a bank paid payroll of $6,300 paid dividends of $300 paid $500 owed to suppliers (from transaction 3) create a tabular analysis and record the transactions above; use your results to prepare a statement of cash flows, income statement, statement of retained earnings and balance sheet for the month and then answers the questions that follow.