On August 31, the balance sheet of Windsor, Inc. showed Cash $11,000, Accounts Receivable $3,700, Supplies $600, Equipment $6,000, Accounts Payable $5,600, Common Stock $14,850, and Retained Earnings $850. During September, the following transactions occurred. 1 Paid $2,350 cash for accounts payable due. 2. Collected $2,000 of accounts receivable. 3. Purchased additional equipment for $3,050, paying $900 in cash and the balance on account. 4. Recognized revenue of $8,100, of which $3,500 is collected in cash and the balance is due in October. 5. Declared and paid a $1,400 cash dividend. 6. Paid salaries $2,300, rent for September $1,100, and advertising expense $100. 7. Incurred utilities expense for month on account $330. 8. Received $14,500 from Capital Bank on a 6-month note payable.