At the beginning of March, Cullumber Software Company had Cash of $12,111, Accounts Receivable of $17,963, Accounts Payable of $4,066, and G. Cullumber, Capital of $26,008. During the month of March, the following transactions occurred. 1. Purchased equipment for $23,077 from Digital Equipment. Paid $3.277 cash and signed a note payable for the balance. Received $12,186 from customers for contracts billed in February. 2. 3. Paid $2,807 for March rent of office space. 4. Paid $2.380 of the amounts owing to suppliers at the beginning of March. 5. Provided software services to Kwon Construction Company for $7.231 cash. 6. Paid BC Hydro $1,071 for energy used in March. 7. 8. G. Cullumber withdrew $5,456 cash from the business. Paid Digital Equipment $2,079 on account of the note payable issued for the equipment purchased in transaction 1. Of this $99 was for interest expense. 9. Hired an employee to start working in April. 10. Incurred advertising expense on account for March, $1,598.