On June 1,2019, Kris Storey established an interior decorating business, Eco-Centric Designs. During the month, Kris completed the following transactions related to the business: June 1 Kris transferred cash from a personal bank account to an account to be used for the business, $27,250. Paid rent for period of June 1 to end of month, $3,600. 6 Purchased office equipment on account, $12,800. 3 Purchased a van for $32,400 paying $6,200 cash and giving a note payable for the remainder. 10 Purchased supplies for cash, $1,660. 2 Received cash for job completed, $8,800. 15 Paid annual premiums on property and casualty insurance, $3,000. 23 Recorded jobs completed on account and sent invoices to customers, $12,470. 24 Received an invoice for van expenses, to be paid in June, $1,200