te: Chapter 1- Graded Homework #1 Seved Help Save & ex Submit Check my work Exercise 1-21 Financial statements LOS Mailin Moon is a freelance writer who submits articles to various magazines and newspapers. She operates out of a small office where she employs one administrative assistant. The following activities occurred during March 2020, her first month of business. a. Moon invested $2,500 worth of equipment into her business along with $3,000 cash b. Submitted a series of articles to The Globe and Mail and received $6,500 cash c. Purchased supplies on credit: $600. d. Paid the part-time administrative assistant's salary of $1.450 e. Moon ordered $3,000 of office equipment from the IKEA catalogue. It is scheduled to arrive in April or May 1. Paid the rent for the first month $1.400. g. Submitted an article to Report on Business will receive $4.500 next month 1. Prepare an income statement Mallin Moon-Freelance Writing