On July $1,2019,$ Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July:$*$ Opened a business bank account with a deposit of $$32,000$ from personal funds.$*$ Purchased office supplies on account, $$3,220.*$ Paid creditor on account, $$2,040.*$ Earned sales commissions, receiving cash, $$32,830.*$ Paid rent on office and equipment for the month, $$6,430.*$ Withdrew cash for personal use, $$10,000.*$ Paid automobile expenses $($including rental charge$)$ for the month, $$3,090,$ and miscellaneous expenses, $$1,480.*$ Paid office salaries, $$3,870.*$ Determined that the cost of supplies on hand was $$1,080$; therefore, the cost of supplies used was $$2,140.$Prepare an income statement for July.Half Moon RealtyIncome StatementFor the Month Ended July$31,2019$$Expenses:Total expenses$Prepare a statement of owner's equity for July. If an amount is zero, enter $"$o$".$Half Moon RealtyStatement of Owner'sEquityFor the Month Ended July$31,2019$$$Prepare a balance sheet as of July $31.$Half Moon RealtyBalance SheetJuly $31,2019$AssetsI vATotal assetsLiabilitiesOwner's Equity$\mathrm{.}3$Total liabilities and owner's equity