Due in 16 hours, 7 minutes, D St. Thomas Yacht Services, Inc. had the following transactions during its first month of operations: Dec 2 Borrowed $65,000 from First Bank after signing a 10 year, 4% promissory note, payments are due on the last day of the month. Dec7 Signed lease and paid the landlord $1,000 rent for the current month Dec 12 Purchased a one year insurance policy for $2,100. Dec 15 Purchased $1,300 of supplies on account. Dec 18 Paid $345 to have advertising materials to be used during the current month Dec 23 Detailed 8 sailboats competing in the Maxi Yacht Rolex Cup this March. The bookkeeper sent an invoice for $14,000. Dec 25 Received $3,500 in advance from a customer to clean two 63 foot yachts next month Dec 29 Paid $66 in wages to employees who cleaned Serendipity and $99 in wages to employees who distributed advertising materials. (ignore payroll taxes for this problem) Dec 30 Sent a $1,800 invoice to Serendipity's Captain Samantha for services provided on account. Dec 31 Paid First Bank $658 for the first payment on the loan signed on December 2nd