Grouper's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March. Mar. 11 3 5 6 10 18 12 19 Stockholders invested $62,500 cash in the business in exchange for common stock of the corporation. Purchased Snead's Golf Land for $43,700 cash. The price consists of land $24,900, building $9,770, and equipment $9,030. (Record this in a single entry) Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $1,860 cash Paid cash $4,850 for a 1-year insurance policy. Purchased golf clubs and other equipment for $4,950 from Tahoe Company, payable in 30 days. Received golf fees of $2,400 in cash from customers for golf services performed. Sold 130 coupon books for $25 each in cash. Each book contains 10 coupons that enable the holder to play one round of miniature golf or to hit one bucket of golf balls. (Hint: The revenue should not be recognized until the customers use the coupons) 25 Paid a $560 cash dividend. 30 Paid salaries of $860 30 Paid Tahoe Company in full for equipment purchased on March 10. 31 Received $800 in cash from customers for golf services performed