On April 1, Jose Garcia created a new travel agency, Garcia Travel. The following transactions occurred during the company's first month. April 2 Garcia invested $38,000 cash and computer equipment worth $11,400 in the company in exchange for its common stock. April 3 The company rented furnished office space by paying $2,600 cash for the first month's (April) rent. April 4 The company purchased $1,200 of office supplies for cash. April 10 The company paid $1,800 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,540 cash for two weeks' salaries earned by employees. April 24 The company collected $24,000 cash for commissions revenue. April 28 The company paid $1,540 cash for two weeks' salaries earned by employees. April 29 The company paid $650 cash for minor repairs to computer equipment. April 30 The company paid $400 cash for this month's telephone bill. April 30 The company paid $1,700 cash in dividends. Information for month-end adjustments follows: a. Prepaid insurance of $100 expired this month. b. At the end of the month, $600 of office supplies are still available. c. This month's depreciation on computer equipment is $190 d. Employees earned $616 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,830 of commissions revenue that is not yet recorded at month-end.