A CAMAL ESTAU Water and radia fricch A Pers Pre Face 21 ) 1042-22422 214 PAR 1. EX.04.26 2. EX.04.02.ALGO 3. EX.04.01.ALGO 4. PR.04.08.ALGO 5. EX.04.04 6. EX.04.05.ALGO 7. EX.04.06.ALGO 8. EX.04.08.ALGO 9. EX.04.11.ALGO 10. EX.04.12.ALGO 11. EX.04.15.ALGO 12. EX.04.16.ALGO 13. EX.04.19.ALGO 14. EX.04.20 15. PR.04.05 16. PR.04.09.Part1 V Monthly Transactions, Adjustments, and Financial Statements Moonlight Bay Inn is incorporated on January 2, 2017, by its three owners, each of whom contributes $20,000 in cash in exchange for shares of stock in the business. In addition to the sale of stock, the following transactions are entered into during the month of January: January 2: A Victorian inn is purchased for $50,000 in cash. An appraisal performed on this date indicates that the land is worth $15,000, and the remaining balance of the purchase price is attributable to the house. The owners estimate that the house will have an estimated useful life of 25 years and an estimated salvage value of $5,000. January 3: A