Mariana Rivera is a licensed CPA. During the first month of operations for your business (a sole proprietorship or sole proprietorship), the following events and transactions occurred during the month of April: $30,000 in cash and equipment valued at $14,000 were invested in the business. A secretary-receptionist was hired at a salary of $290 per week payable monthly. Purchased supplies were purchased from the account for $700. (Debit an asset account.) Office rent of $600 for the month was paid. A tax assignment was completed and a client was billed for $1,100 for services rendered. (Use Service Revenue account.) An advance of $3,200 was received on a management consulting contract. Cash of $2,300 was received for services completed from Sotomayor Co. Insurance expenses were paid in the amount of $110.