Dees Hair Salon began operations on November 1, 2018: during November, the hair salon had the following transactions: 1. Issued common stock to owners in exchange for $18,000 cash 2. Purchased $4,500 of equipment, paying $1,350 cash and signing a promissory note for $3,150. 3. Received $8,100 in cash for hair coloring services performed in November 4. Purchased $1,350 of supplies on account, all of the supplies were used in November 5. Provided hair coloring services on account in the amount of $14,400. 6. Paid $675 on account. 7. Paid $2,700 to employees for work performed during November 8. Received a bill for utilities for November of $3,050; the bill remains unpaid. What is the total expenses that will be reported on the income statement for the month ended (ovember? Multiple Choice 0 $7.775 ves that will be reported on the income statement for the month ended Novem Saved Multiple Choice o O s775. o $7100. o $3,375. o 34,050