1. Issued an additional 100,000 shares of common stock on January 2. The stock was sold for $200,000, which equals the par value of the stock. 2. Purchased equipment for $24,000 cash on January 3. 3. Received cash payment of $12,000 for outstanding accounts receivable on January 5. 4. Provided services on account to clients for $16,000 on February 10. 5. Received bill and paid utilities of $15,000 on Feburary 28. 6. On March 23, provided services for clients, for which $20,000 was collected in cash and $44,000 was billed to the clients. 7. Paid employee salaries of $46,500 on April 2. 8. Collected $51,200 on outstanding accounts receivable on April 15. 9. Incurred legal fees of $13,000 on May 24, but did not pay for these services. 10. Declared and paid dividends to stockholders of $22,000 on June 10. 11. Paid $45,000 for a three-year insurance policy on July 6 with coverage beginning on October 1. 12. Collected $63,000 on July 20 for services to be provided over the coming year. 13. Paid $8,000 on August 15 related to legal fees incurred on May 24. 14. Sold land with cost of $100,000 for $88,000 cash on September 25. 15. Paid $2,500 in interest costs related to the Long Term Notes Payable on November 15.