On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Apr. 2 Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company in exchange for its common stock. 3 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. 4 The company purchased $1,000 of office supplies for cash. 10 The company paid $2,400 cash for a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,600 cash for two weeks' salaries earned by employees. 24 The company collected $8,000 cash for commissions revenue. 28 The company paid $1,600 cash for two weeks' salaries earned by employees. 29 The company paid $350 cash for minor repairs to computer equipment. 30 The company paid $750 cash for this month's telephone bill. 30 The company paid $1,500 cash in dividends.