Nation Consulting Company began operations May 1, 2020 and had the following transactions: May: a. Nathan Nation deposited $5,000 of cash into the newly established company bank account in exchange for 100% of the company stock. b. Nation completed $6,000 of consulting services for Perfido Company, collecting $1,000 of cash before leaving the company's premises with Perfido's controller promising to pay the balance due asap. C. Nation delivered $8,000 of consulting services to Verify Company on account. d. Nation paid $2,200 in wages to employees for hours worked in May. e. f. g. Nation collected $2,000 from Alibi Company as advance payment for June consulting services. Nation paid $1,000 for June advertising. Nation collected $4,000 from Verify Company (item (c)) as payment on account. June: h. i. Nation paid $400 to Swifty Cleaning Company for time spent cleaning Nation's office during May. Nation paid $2,200 in wages to employees ($1,300 relates to employee hours worked in May & $900 to employee hours worked in June). j. Nation delivered $3,000 of consulting services to Spark Company on account. k. Nation collected $4,000 from Verify Company for May services (item c). 1. Nation delivered $2,000 of consulting services to Alibi Company (item e). m. Nation paid the May utility bill (for the office space) totaling $600.