Jan. 6 9 12 15 Hunter invested $280,000 in the clinic by opening a bank account in the name of Hunter Medical Clinic. Hunter Medical Clinic paid cash for land costing $135,000. There are plans to build a clinic on the land. Until then, the business will rent an office. The clinic purchased medical supplies for $10,200 on account. On January 15, Hunter Medical Clinic officially opened for business. 15-31 During the rest of the month, the clinic earned professional fees of $22,500 and received cash immediately. 15-31 28 The clinic paid cash expenses: employee salaries, $6,000; office rent, $4,400; utilities, $400. The clinic sold supplies to another clinic at cost for $1,200. 31 The clinic paid $3,800 on the account from January 12.