Using the information from the previous problem, prepare a Statement of Income and Expenses.

June $1$ Invested cash in Norman Environmental Services and received common stock $$61500$

June $2$ Borrowed from the First Bank of Baltimore and signed a promissory note $$50500$

June $3$ Purchased Supplies with Cash $$1200$

June $4$ Purchased a computer from a local office supply store on account $$1050$

June $5$ Provided tutorial services on account for $3$ students $$1975$

June $5$ Paid rent for the month $$850$

June $6$ Placed and paid for an ad in a newspaper to run this month $$240$

June $7$ Paid the office supply store fully for the computer purchased on June $4$

June $8$ Received $$190$ cash from tutorial services provided on account on June $5$

June $15$ Provided additional tutorial services to students for cash $$540$

June $30$ Determined that $$370$ of supplies was remaining

June $30$ Declared and paid dividends in the amount of $$560$