On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $87,000 in cash along with equipment having a $47,000 value in exchange for common stock. On May 21, Elegant Lawns purchases office supplies on credit for $620. On May 25, Elegant Lawns receives $9,500 cash for performing landscaping services. On May 30, Elegant Lawns receives $2,700 cash in advance of providing landscaping services to a customer