Abe Factor opened a new accounting practice called X-Factor Accounting and completed these activities during March 2020: March 1 Invested $54,000 in cash and office equipment that had a fair value of $12,400. 1 Prepaid $9,600 cash for three months rent for an office. 3 Made credit purchases of used office equipment for $6,400 and office supplies for $1,240. 5 Completed work for a client and immediately received $6,600 cash. 9 Completed a $4,400 project for a client, who