On June 1, 2017, Whispering Winds Corp. was started with an initial investment in the company of $22,320 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash $5,600 Notes payable $14,000 Accounts receivable 4,140 Accounts payable 640 Service revenue 8,500 Supplies expense 1,020 Supplies 2,380 Maintenance and repairs expense 620 Advertising expense 400 Utilities expense 280 Equipment 27,000 Salaries and wages expense 2,400 Common stock 22,320 In June, the company issued no additional stock but paid dividends of $1.620.