Please help me solve and understand for Required 6 question. Required 6: If these were all the transactions, what is the amount of total owner's equity at the end of the period?

Fargo Company operates a pet grooming service. On August 1 of the current year, the firm's account balances were as follows: Cash $10,000 Accounts Receivable $20,000 Supplies on Hand $15,000 Prepaid Insurance $5,000 Notes Payable $10,000 Accounts Payable $10,000 Capital Stock $25,000 Retained Earnings $5,000 During August the following transactions occurred: Aug. 6 Rendered services for various clients on account for $10,010. Aug. 13 Received $2,500 on account from clients. Aug. 18 Paid $2,320 on accounts payable. Aug. 18 Paid miscellaneous expenses, $1,200. Aug. 31 Determined that $2,320 insurance premiums expired during August Aug. 31 Determined that supplies on hand at August 31 amounted to $10,010 Required 1: What is the proper balance of Supplies Expense showing on August 31st income statement? $ 4990 Required 2: What is the proper amount of Prepaid Insurance showing on August 31st balance sheet? $ 2680 0 Required 3: If these were all the transactions, what is the Net Income (loss) for the period? $ 1500 Required 4: If these were all the transactions, what is the amount of total assets at the end of the period? $ 49180 Required 5: If these were all the transactions, what is the amount of total liabilities at the end of the period? $ 17680 Required 6: If these were all the transactions, what is the amount of total owner's equity at the end of the period? $ 32700