Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. Lita Lopez invested $70,000 cash and equipment valued at $10,000 in the company in exchange for its common stock. b. The company purchased a building for $40,000 cash. c. The company purchased equipment for $15,000 cash. d. The company purchased $1,200 of supplies and $1,700 of equipment on credit. e. The company paid $500 cash for advertising expenses. f. The company completed a financial plan for a client and billed that client $2,800 for the service. g. The company designed a financial plan for another client and immediately collected a $4,000 cash fee. h. The company paid $3,275 cash in dividends to the owner (sole shareholder). i. The company received $1,800 cash as partial payment from the client described in transaction f. j. The company made a partial payment of $700 cash on the equipment purchased in transaction d. k. The company paid $1,800 cash for the secretary's wages for this period