-/100 E Michelle Walker started her own consulting firm, Michelle Consulting, on May 1, 2022. The following transactions occurred during the month of May. May 1 Michelle invested $6,500 cash in the business. 2 Paid $900 for office rent for the month 3 Purchased $600 of supplies on account. 5 Paid $140 to advertise in the County News. 9 Received $3,800 cash for services performed. 12 Withdrew $1,200 cash for personal use. 15 Performed $5,200 of services on account. 17 20 23 282 28 26 29 30 Paid $2,000 for employee salaries. Made a partial payment of $400 for the supplies purchased on account on May 3 Received a cash payment of $4,400 for services performed on account on May 15 Borrowed $4,800 from the bank on a note payable. Purchased equipment for $4,100 on account. Paid $300 for utilities