Sanyu Sony started a new business and completed these transactions during December. 
Dec. 1 Sanyu Sony transferred $65,000 cash from a personal savings account to a checking account in the name of Sony Electric. 
         2 The company rented office space and paid SI,OOO cash for the December rent. 
         3 The company purchased $13,000 of electrical equipment by paying S4,800 cash and agreeing to pay the S8,200 balance in 30 days. 
         5 The company purchased office supplies by paying $800 cash. 
         6 The company completed electrical work and immediately collected $1,200 cash for these services. 
         8 The company purchased $2,530 of office equipment on credit. 
        15 The company completed electrical work on credit in the amount of $5,000. 
        18 The company purchased S350 of office supplies on credit. 
        20 The company paid $2,530 cash for the office equipment purchased on December 8. 
        24 The company billed a client $900 for electrical work completed; the balance is due in 30 days. 
        28 The company received $5,000 cash for the work completed on December 15. 
        29 The company paid the assistant's salary of $1,400 cash for this month. 
        30 The company paid $540 cash for this month's utility bill. 
        31 Sanyu Sony withdrew $950 cash from the company for personal use. 
Prepare an income statement, statement of rettained earings, balance sheet, and statement of cash flows for the current month.