On May $15,$ DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $$85,000$ in cash along with equipment having a $$45,000$ value in exchange for common stock.

On May $21,$ Elegant Lawns purchases office supplies on credit for $$580.$

On May $25,$ Elegant Lawns receives $$9,300$ cash for performing landscaping services.

On May $30,$ Elegant Lawns receives $$2,500$ cash in advance of providing landscaping services to a customer.