On April 1, Sheridan Travel Agency, Inc. began operations. The following transactions were completed during the month. 1. Issued common stock for $26,400 cash. 2. Obtained a bank loan for $7,700 by issuing a note payable. 3. Paid $12,100 cash to buy equipment. 4. Paid $1,300 cash for April office rent. 5. Paid $1,600 for supplies. 6. Purchased $660 of advertising in the Daily Herald, on account. 7. Performed services for $19,800: cash of $2,200 was received from customers, and the balance of $17,600 was billed to customers on account. 8. Paid $440 cash dividend to stockholders. 9. Paid the utility bill for the month, $2,200. 10. Paid Daily Herald the amount due in transaction (6). 11. Paid $40 of interest on the hank loan ahtained in tranenction()