In total, you made three new accounting transactions on behalf of your business: On 3 May, you received a $70 invoice (numbered #596719) from Adriano Downing for 4 hours of his work developing your website. You promised to pay him before the end of May. On 4 May, you purchased a motorcycle cargo box from Lightning Bikes for $480 using cheque numbered #001. You treat this as an asset purchase and Audrey recommends assuming its useful life is 5 years. On 5 May, you used internet banking to transfer the $95 monthly fee for the month of May to GooRoos for advertising your business on their website