Marin Company, a computer services company, entered into these transactions during May 2022, its first month of operations. 1. 2 4. Stockholders invested $ 51,200 in the business in exchange for common stock of the company Purchased computers for office use (recorded as Equipment) for $ 38,400 from Ladd Co. on account 3 Paid $ 5,120 cash for May rent on storage space. Performed computer services worth $ 24,320 on account. Performed computer services for Wharton Construction Company for $6,400 cash. Pald Western States Power Co. $ 10.240 cash for energy usage in May, Paid Ladd Co. for the computers purchased in (2). Incurred advertising expense for May of $ 1,664 on account. Received $ 15,360 cash from customers for contracts billed in (4). 5. 6. 7. 8. 9 Cash Accounts Receivable Equipment Accounts Payable (1) $ $ (2) (3) (4) (5) (6) 17 (8) 19)