For the past several years, Shane Banovich has operated a part-time consulting business from his home. As of October 1, 2012, Shane decided to move to rented quarters and to operate the business, which was to be known as Epic Consulting, on a full-time basis. Epic Consulting entered into the following transactions during October:

Oct.	1.	The following assets were received from Shane Banovich: cash, $12,000; accounts receivable, $6,000; supplies, $1,500; and office equipment, $9,000. There were no liabilities received.
?	1.	Paid three month