Patricia Johnson started her own consulting firm, Johnson Consulting Inc., on May 1, 2022. The following transactions occurred during the month of May Stockholders invested $12,300 cash in the business in exchange for common stock. May 1 2 Paid $492 for office rent for the month. 3 Purchased $410 of supplies on account. 5 Paid $123 to advertise for the month in the County News. 9 Performed services for customer for $1,148 cash 12 Paid $164 cash dividend. 15 Performed $3,444 of services on account. 17 Paid $2,050 for employee salaries. 20 Paid for the supplies purchased on account on May 3. 23 Received a cash payment of $984 for services performed on account on May 15. 26 29 28 30 Borrowed $4,100 from the bank on a note payable. Purchased office equipment for $1,640 paying $164 in cash and the balance on account. Paid $148 for utilities.