Hatchett Fabrications, Inc. began their operations on January 1, 2019. Prepare the journal entries to record the transactions below. Use the designated space in the Solution Packet. (20 points) 1-Jan M. Hatchett, the owner, invested $75,000 in cash along with equipment valued at $50,000 in the company. 2-Jan The company completed a project for a customer and immediately received $12,000 in cash. 4-Jan The company bought $5,000 in office supplies on credit. 7-Jan The company paid $6,000 in cash for a 12-month insurance policy. 10-Jan The company completed a $25,000 project for a customer, who must pay within 30 days. 12-Jan The company received $15,000 in cash from a customer for services they will perform in February 2020. 16-Jan The company paid $5,000 in cash to settle the payable created on January 4th. 20-Jan M. Hatchett withdrew $3,000 in cash from the company for personal use. 27-Jan The company received $20,000 in cash as partial payment for the work completed on January 10th. 30-Jan The company paid $7,000 in cash to its one employee for her January salary