Patricia Repair Inc. was started on May 1. A summary of May transactions is presented below. 1. Stockholders invested $8,200 cash in the business in exchange for common stock. 2. Purchased equipment for $4,100 cash. 3. Paid $328 cash for May office rent. 4. Paid $246 cash for supplies. 5. Incurred $205 of advertising costs in the Beacon News on account. 6. Performed repair services for customer for $3,854 cash. 7. Paid a $574 cash dividend. 8. Paid part-time employee salaries $820. 9. Paid utility bills $115. 10. Performed repair services worth $902 on account. 11. Collected cash of $98 for services billed in transaction (10).