Petflix is a TV-streaming service for pets who are bored while their owners are at work all day.Transactions for a recent month are shown below.

1. The owners of the company paid $1,500 in exchange for common stock.
2. Acquired an additional $2,000 cash by signing a 5%, 4-year note with First Canine Bank.
3. Received $1,000 cash from customers in advance for subscriptions to begin next month.
4. Purchased supplies of $900 by paying cash of $400 and placing the rest on account.
5. Provided $700 of services to customers. The customers paid $100 and the balance was on account.
6. The board of directors of the corporation declared and paid a dividend of $300 in cash to its stockholders.
7. Collected cash of $200 from the customer in transaction 5.
8. Received $800 from customers for services provided that same day.
9. Paid the remaining balance for the supplies purchased in transaction 4.
10. At the end of the month, employees earned and were paid $1,200 for wages.