Emily King is a licensed dentist. During the first month of operation of her business, the following events and transactions occurred. Apr. 1 Invested $24,800 cash in her business. 1 Hired a secretary-receptionist at a salary of $3,480 monthly. 2 Paid office rent for the month of $1,400. 3 Purchased $5,000 of dental supplies on account from Dazzle Company. 10 Performed dental services and billed insurance companies $6,300. 11 Received $1,200 cash advance from Leah Mataruka for an implant. 20 Received $2,600 cash from Michael Santos for services performed. 30 Paid secretary-receptionist $3,480 for the month 30 Paid $3,000 to Dazzle for accounts payable due. (Paid rent for the month)