On June 1, 2022, Sheridan Company was started with an initial investment in the company of $19,590cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations:

Cash		$4,140		Notes payable		$10,800
Accounts receivable		3,600		Accounts payable		450
Service revenue		7,050		Supplies expense		900
Supplies		2,160		Maintenance and repairs expense		540
Advertising expense		360		Utilities expense		270
Equipment		23,400		Salaries and wages expense		1,260
Common stock		19,590

During June, the company issued no additional stock but paid dividends of $1,260.