Marigold Park was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurred during April. Apr. 1 +4 Stockholders invested $51,600 cash in the business in exchange for common stock. Purchased land costing $29,000 for cash. 8 Incurred advertising expense of $1,700 on account. 11 Paid salaries to employees $1,580. 12 Hired park manager at a salary of $3,400 per month, effective May 1. 13 Paid $1,340 cash for a one-year insurance policy. 17 Declared and paid a $1,830 cash dividend. 20 Received $6,700 in cash for admission fees. 25 30 Sold 134 coupon books for $59 each. Each book contains 10 coupons that entitle the holder to one admission to the park. Received $9,400 in cash admission fees. 30 Paid $890 on balance owed for advertising incurred on April 8. Marigold uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Payable, Unearned Service Revenue, Common Stock, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense.