er 3 HW KQuestions 22-23 (of 26) PA3-4 Analyzing, Journalizing, and Interpreting Business Activities [LO 3-3, LO 3-5] IThe following information applies to the questions displayed below] On September 1, Pat Hopkins established On a Cloud Corporation (OCC) as a provider of cloud computing services. Pat contributed $14,000 for 1,400 shares of OCC. On September 8, OCC borrowed $36,500 from a bank, promising to repay the bank in two years. On September 10, OCC wrote a check for $22,500 to acquire computer equipment. On September 15, OCC received $1.450 of supplies purchased on account and, on September 16, paid $2,500 for September rent. Through September 22, OCC billed its customers for $11,550 of services, of which OCC collected $6,900 in cash. On September 28, OCC paid $695 for Internet and phone service this month. On September 29, OCC paid wages of $5,450 for the month. Finally, on September 30, OCC submitted its electricity meter reading online and determined that the total charges for the month will be $645. This amount will be paid on October 14 through a preauthorized online payment. References PA3-4 Analyzing, Journalizing, and Interpreting Business Activities [LO 3-3, LO 3- 5) Section Break