During 2017, its first year of operations as a delivery service, Culver Corporation entered into the following transactions. Issued shares of common stock to investors in exchange for $137,000 in cash. Borrowed $44,000 by issuing bonds. 3. Purchased delivery trucks for $57,000 cash. 1. 2. 4. 5. 6. 7. 8. 9. Received $14,000 from customers for services performed. Purchased supplies for $4,700 on account. Paid rent of $4,300. Performed services on account for $11,700. Paid salaries of $27,300. Paid a dividend of $11,500 to shareholders.

During 2017, its first year of operations as a delivery service, Culver Corporation entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $137,000 in cash. 2. Borrowed $44,000 by issuing bonds. 3. Purchased delivery trucks for $57,000 cash. 4. Received $14,000 from customers for services performed. 5. Purchased supplies for $4,700 on account. 6. Paid rent of $4,300. 7. Performed services on account for $11,700. 8. Paid salaries of $27,300. 9. Paid a dividend of $11,500 to shareholders. During 2017, its first year of operations as a delivery service, Culver Corporation entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $137,000 in cash. 2. Borrowed $44,000 by issuing bonds. 3. Purchased delivery trucks for $57,000 cash. 4. Received $14,000 from customers for services performed. 5. Purchased supplies for $4,700 on account. 6. Paid rent of $4,300. 7. Performed services on account for $11,700. 8. Paid salaries of $27,300. 9. Paid a dividend of $11,500 to shareholders