Problem 5-4: The Grover Darden Legal Firm had the following transactions during the month of April. April 2 Grover Darden, the owner, invested $70,000 cash and a Law Library valued at 60,000 in the firm. Paid 3 months rent, $3,000. Provided service to a client on account, $2,500. Provided service to a client and collected, $1,000. Purchased office supplies on account, $7,000. Completed a legal case and collected $50,000. Paid salaries, $3,500. 101