ent CALCULATOR PRIN Problem 3-3 Nona Curry started her own consulting firm, Kingbird, Inc. on May 1. 2017. The following transactions occurred during the month of May May 1 Stockholders invested $15,600 cash in the business in exchange for common stock. 2 Paid $624 for office rent for the month 3 Purchased $520 of supplies on account. 5 Paid $156 to advertise for the month in the County News 9 Received $1,456 cash for services performed 12 Paid $208 cash dividend 15 Performed $4,368 of services on account 17 Paid $2,600 for employee salaries. 20 Paid for the supplies purchased on account on May 3 23 Recelved a cash payment of $1,248 for services performed on account on May 15 26 Borrowed $5,200 from the bank on a note payable 29 Purchased office equipment for $2,080 paying $208 in cash and the balance on account. 30 Paid $187 for utilities equation using the following format. Assume the note payable is to be repaid decrease in Assets, Liabilities or Stockholders Equity, place a negative sign Cor parentheses) in front of the amount entered that was reduced.) Liabilities Assets PavableAccounts + Payable Common Stock Notes Date CashR Accounts t Receivable Sup + Supplies Equipment