During the first month of operations, the following transactions occurred for Style Plus Design Ltd.: Feb 1 Issued common shares in exchange for $20,000 cash and office equipment valued at $15,000. Feb 6 Purchased office supplies on account for $500 Feb 10 Purchased 6 months of advertising totalling $3,400 for cash. Feb 14 Paid $300 for this month's insurance. Feb 15 Completed $3,000 of design services for a client on account. Feb 18 Completed $3,500 of design services for a client, which was immediately collected. Feb 26 Paid for $250 of the supplies purchased on Feb 6th. Feb 27 Received $2,700 for design services to be completed in March Feb 28 Declared and paid $500 of dividends to shareholders. During the first month of operations, the following transactions occurred for Style Plus Design Ltd.: Feb 1 Issued common shares in exchange for $20,000 cash and office equipment valued at $15,000. Feb 6 Purchased office supplies on account for $500 Feb 10 Purchased 6 months of advertising totalling $3,400 for cash. Feb 14 Paid $300 for this month's insurance. Feb 15 Completed $3,000 of design services for a client on account. Feb 18 Completed $3,500 of design services for a client, which was immediately collected. Feb 26 Paid for $250 of the supplies purchased on Feb 6th. Feb 27 Received $2,700 for design services to be completed in March Feb 28 Declared and paid $500 of dividends to shareholders