Murray contributed $60,000 cash to the business, Taylor Murray, Attorney. The business issued common stock to Murray. Jan. 1 3 Purchased office supplies, $800, and furniture, $2,100, on account. 4 Performed legal services for a client and received $1,700 cash. 7 Purchased a building with a market value of $75,000, and land with a market value of $22,000. The business paid $36,000 cash and signed a note payable to the bank for the remaining amount 11 Prepared legal documents for a client on account, $350. 15 Paid assistant's semimonthly salary, $1,170. 16 Paid for the office supplies purchased on January 3 on account. 18 Received $2,900 cash for helping a client sell real estate. 19 Defended a client in court and billed the client for $1,500. 25 Received a bill for utilities, $350. The bill will be paid next month 29 Received cash on account, $1.150. 30 Paid $960 cash for a 12-month insurance policy starting on February 1 30 Paid assistant's semimonthly salary, $1,170. 31 Paid monthly rent expense, $1,800 31 Paid cash dividends of $3,100