In January, Tongo, Incorporated, a branding consultant, had the following transactions. a. Received $18,600 cash for consulting services rendered in January. b. Issued common stock to investors for $8,500 cash. c. Purchased $17,500 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $11,300 cash for consulting services to be performed in February. e. Bought and received $1,850 of supplies on account. f. Received utility bill for January for $1,870, due February 15. g. Consulted for customers in January for fees totaling $20,500, due in February. h. Received $17,600 cash for consulting services rendered in December. 1. Paid $925 toward supplies purchased in (e).