On June 1, 2022, Wildhorse Co. was started with an initial investment in the company of $19,600 cash. 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 $4,890 Notes payable $12.580 Accounts receivable 4,360 Accounts payable 860 Service revenue 8,000 Supplies expense 1,090 Supplies 2,338 Maintenance and repairs expense 640 Advertising expense 400 Utilities expense 260 Equipment 24,000 Salaries and wages expense 1,690 Common stock 19,600 During June. the company issued no additional stock but paid dividends of $1,372. (a1)