Acquired $22,000 cash by issuing common stock. Provided services to his customers on account in the amount $27,500. Paid cash for $3,500 in office expenses. Collected $11,000 of the revenue that was previously recorded on account. Paid a cash dividend of $5,000 to the stockholders. ADJ 1: Record rent expense for 2023 related to the February 2nd payment assuming no entries have been made throughout 2023. ADJ 2: Record insurance expense for the year related to the June 14th payment. ADJ 3: Record the revenue for services performed in accordance with the August 10th transaction.