Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,500 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,500 of furniture made from reclaimed wood on credit. June 3 The company paid $2,500 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,500 for sustainability services provided. June 12 The company paid $13,500 cash toward the payable from the June 2 furniture purchas