Following Is the Balance Sheet for the Pratley Corporation as of March

Following is the balance sheet for the Pratley Corporation as of March 31,20X9:
$\begin{array}{l}\begin{array}{lll}\text { Assets }\\\text { Cash } & \$ 7,100 \\\text { Accounts Receivable } & 4,000 \\\text { Merchandise Inventory } & 13,500 \\\text { Prepaid Rent } & 3,300 \\\text { Store Equipment } & \underline{1 5 , 6 0 0} \\\\\text { Total Assets } & \underline{ \$ 43,500 } \\\end{array}\begin{array}{lll}\text { Liabilities }\\\text { Accounts Payable } & \$ 6,200 \\\text { Notes Payable } & \underline{8,300} \\\text { Total Liab. } & 14,500 \\\text { Paid-in Capital } & \$ 17,600 \\\text { Retained Earnings } & \underline{11,400} \\ \text { Total Stockholders' equity } & \underline{29,000} \\\text { Tota1 Liab. and Stockholders' Equity }& \underline{\$ 43,500} \end{array}\end{array}$ The following transactions occurred during April:
1.The company paid $2,100 of the accounts payable.
2.The company acquired $3,500 of merchandise inventory,paying 40% in cash and the remainder on open account.
3.The utility bill of $600 for the month of April was paid.
4.The company received $2,200 from its credit customers.
5.Sales of merchandise inventory for the month of April totaled $12,900,of which $5,400 was paid in cash and the remaining amount was on open account.The cost of the merchandise sold was $8,100.
6.The company paid $1,600 of the note payable.
7.Depreciation on the store equipment was $600 for the month.
8.Additional store equipment of $1,700 was acquired.Of this amount,$700 was paid in cash and the remainder was added to the note payable balance.
9.The balance in the prepaid rent account represented 3 months' worth of rent paid in advance as of March 31,20X9.
10.Net income for the month ended April,20X9,was $2,500.
Required:
Prepare an analysis of the above transactions using the balance sheet equation.Prepare a balance sheet dated April 30,20X9.