Creek Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions. January 1 Issue 10,000 shares of common stock in exchange for $22,000 in cash. January 5 purchase land for $14,000. A note payable is signed for the full amount. January 9 purchase storage container equipment for $7,000 cash. January 12 Hire three employees for $1,000 per month. January 18 Receive cash of $11,000 in rental fees for the current month. January 23 Purchase office supplies for $1,000 on account. January 31 Pay employees $3,000 for the first mont