Data for Concord Corporation, interior decorating, are presented as follows. Jan. 2 Stockholders invested $16,512 cash in the business in exchange for common stock. 3 Purchased used car for $9,027 cash for use in the business. 9 Purchased supplies on account for $550. 11 Billed customers $1,981 for services performed. 16 Paid $220 cash for advertising. 20 23 22 Received $859 cash from customers billed on January 11. Paid creditor $330 cash on balance owed. 28 Declared and paid a $550 cash dividend.