Crane Services was formed on May 1:2022. The following transactions took place during the first month. Tramactions on May 1 1. Lar Pradford inested $41000 cashin the company as its sole owner. 2. Hired two tmoloyeed to workin the warehouse Ther waleach be paid a salany of $3,000 per month. 3. Sigeda 2 rtar rental agrement on a warehouise: paid $20,000 cash in edvance for the first vear. 4. Purchased furniture and equipment costing 530,000 A cath payment of $11.000 was made immediately, the remaindec witl b. 5 Pyit 52000 ciohifor a one vear ireurance policy on the furniture and equipment: Transactiond durinc the remuinder of the month: 6. Parthined banicurficesupelies for 3400cahh 7. Purthatind mort atfics mupelles for 511300 on account. Prenare a triaibatance as of Mav 31.2022