June l$,20$XX$,$ Bob Lutz opened Sole Proprietorship, Lutz Computer Repair Service. During the month, he completed thl$\text{'}.$ following transactions for the company: June $1$ Began business by depositing $$20,000$ in a bank account in the name of the company. l Paid the rent for the store for current month, S$1,700\mathrm{.}1$ Paid thl$\text{'}.$ premium on a one$-$year insurance policy, S$1,920.2$ Purchased repair equipment from Bilbao Company, $516,800.$ Terms were $$2,400$ down and $$1,200$ per month for one year. First payment is due June $1.5$ Purchased repair supplies from Rusin Company on credit, S$1,872.8$ Paid cash for an advertisement in a local newspaper, S$240.15$ Received cash repair revenue for the first half of the month, S$1,600.21$ Paid Rusin Company on account, $$900.30$ Received cash repair revenue for the last half of May, S$3,900.30$ Made a withdrawal, $$1,200.$ REQUIRED FOR JUNE $1.$ Record the June transactions. Include the Post. Ref. column and fill in using the account numbers listed in requirement $2\mathrm{.}2.$ Open the following accounts: Cash $(111)$; Prepaid Insurance $(117)$; Repair Sup$$plies $(119)$; Repair Equipment $(144)$; Accumulated Depreciation$-$Repair Equip$$ment $(145)$; Accounts Payable $(212)$; B$.$ Lutz, Capital $(311)$; B$.$ Lutz, $\backslash$Vithdrawals $(313)$; Income Summary $(314)$; Repair Revenue $(411)$; Store Rent Expense $(511)$; Advertising Expense $(512)$; Insurance Expense $(513)$; Repair Supplies Expense $(514)$; and Depreciation Expense$-$Repair Equipment $(515).3.$ Using the following information, record adjusting entries in the general journal and post to the ledger accounts:d$.$ One month's insurance has expired. c$.$ The remaining inventory of unused repair supplies is S$676.$f$.$ The estimated depreciation on repair equipment is S$280\mathrm{.}4.$ From the accounts in the ledger, prepare an adjusted trial balance after adjusting entries.$($ Note: Normally, a trial balance is prepared bdore adjustments and then a Adjusted Trial Balance is prepared after adjusting entries. $5.$ From the adjusted trial balance, prepare an income statement, a statement of own$$er$\text{'}$s equity, and a balance sheet for JuneHow much is the total Current Asset on the Balance Sheet as of June?For the month of June, in the Statement of Cash Flows, how much is the "Net cash provided by operating activities?"Note: For a negative amount, enter it as negative.