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7. March 6: Billy Bob paid UPS $4,516 cash to ship the bikes to Bikes R' Us. 8. March 8: Stockholder's invest $175,075 into the
7. March 6: Billy Bob paid UPS $4,516 cash to ship the bikes to Bikes R' Us. 8. March 8: Stockholder's invest $175,075 into the company in exchange for Billy Bob's Bikes common stock 9. March 10: Billy Bob paid off the balance due from Paul's Choppers. 10. March 12: Billy Bob purchased 16 more bikes from Paul's Choppers. Each bike cost $6,225 and the credit terms are 1/20, n/60. 11. March 12: Billy Bob paid UPS $7,177 cash to ship the bikes he bought from Paul's Choppers. 12. March 14: Bikes R' Us paid their balance off for the bikes they purchased
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