Kacy Spade, owner, invested $15,500 cash in the company in exchange for common stock. The company purchased office supplies for $450 cash. The company purchased $8,572 of office equipment on credit. The company received $1,829 cash as fees for services provided to a customer. The company paid $8,572 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $3,286 as fees for services provided. The company paid $525 cash for the monthly rent. The company collected $1,380 cash as partial payment for the account receivable created in transaction f. The company paid a $800 cash dividend to the owner (sole shareholder). Trial Balance May 31 Debit Credit Cash 450 8,572 1,829 Office supplies Office equipment Fees earned Rent expense Accounts payable Common stock 525 1,980 15,500 Totals $ 13,356 S 15.500