Mike Greenberg opened Ayayai Window Washing Inc. on July 1,2025 . During July, the following transactions were completed. July 1 Issued 14,400 shares of common stock for $14,400 cash. 1 Purchased used truck for $9,600, paying $2,400 cash and the balance on account. 3 Purchased cleaning supplies for $1,080 on account. 5 Paid $2,160 cash on a 1-year insurance policy effective July 1. 12 Billed customers $4,440 for cleaning services performed. 18 Paid $1,200 cash on amount owed on truck and $600 on amount owed on cleaning supplies. 20 Paid $2,400 cash for employee salaries. 21 Collected $1,920 cash from customers billed on July 12. 25 Billed customers $3,000 for cleaning services performed. 31 Paid $350 for maintenance of the truck during month. 31 Declared and paid $720 cash dividend. The chart of accounts for Ayayai Window Washing contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock, Cash 14,400 7/1 2400