Crane Company entered into these transactions during May 2022, its first month of operations. Stockholders invested $32,000 in the business in exchange for common stock of the company. 1 2 Purchased computers for office use for $26,600 from Ladd on account. 3. Paid $5,500 cash for May rent on storage space. 4. Performed computer services worth $18,400 on account. 5. Performed computer services for Wharton Construction Company for $5,300 cash. 6. Paid Western States Power Co. $8,500 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8. Incurred advertising expense for May of $1,800 on account. 9. Received $10,200 cash from customers for contracts billed in (4).