Given the following data set, answer the ten (10) questions.

ABC begins its business on January 1, 2022. The owner invests $5,000 in cash and $5,000 of equipment into the business. ABC borrows $5,000 from the bank. ABC purchases $6,000 of equipment, paying cash for it. ABC provides consulting services to its customers, receiving $4,000 in cash and being owed another $8,000. ABC purchases $1,000 in various supplies from a vendor, promising to pay for those supplies in the future. ABC paid $3,000 cash for the current month rent and another $2,000 for utilities.

1. As a result of the events from the month, what is the cash balance at the end of the period for ABC?
2. As a result of the events from the month, what is the A/R balance at the end of the period for ABC?
3. As a result of the events from the month, what is the Fixed Assets balance at the end of the period for ABC?
4. As a result of the events from the month, what is the total assets balance at the end of the period for ABC?
5. As a result of the events from the month, what is the Total Liabilities balance at the end of the period for ABC?
6. As a result of the events from the month, what is the equity balance at the end of the period for ABC?
7. As a result of the events from the month, what is the Liabilities PLUS Equity balance at the end of the period for ABC?
8. As a result of the events from the month, what is the total revenue for the period for ABC?
9. As a result of the events from the month, what is the total expense for the period for ABC?
10. As a result of the events from the month, what is the net income for the period for ABC?