On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month. April 2 Nozomi invested $34,000 cash and computer equipment worth $40,000 in the company in exchange for its common stock. April 3 The company rented furnished office space by paying $2,400 cash for the first months (April) rent. April 4 The company purchased $1,800 of office supplies for cash. April 10 The company paid $2,880 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $800 cash for two weeks' salaries earned by employees. April 24 The company collected $10,500 cash for commissions revenue. April 28 The company paid $800 cash for two weeks' salaries earned by employees