Data for H$.$ Ivanhoe, interior decorating, are presented as follows.

Jan. $2$ Stockholders invested $$16,000$ cash in the business in exchange for common stock.

$3$ Purchased used car for $$8,873$ cash for use in the business.

$9$ Purchased supplies on account for $$541.$

$11$ Billed customers $$1,948$ for services performed.

$16$ Paid $$216$ cash for advertising.

$20$ Received $$844$ cash from customers billed on January $11.$

$23$ Paid creditor $$325$ cash on balance owed.

$28$ Declared and paid a $$541$ cash dividend.