Question 2 of 3 9.14 / 15 Your answer is partially correct. On April 1, Shamrock, Inc. began operations. The following transactions were completed during the month. Issued common stock for $25,900 cash. N Obtained a bank loan for $7,600 by issuing a note payable. Paid $11,900 cash to buy equipment. Paid $1,300 cash for April office rent. Paid $1,550 for supplies. Purchased $650 of advertising in the Daily Herald, on account. Performed services for $19,400: cash of $2,160 was received from customers, and the balance of $17,240 was billed to customers on account. Paid $430 cash dividend to stockholders. Paid the utility bill for the month, $2,160. 10. Paid Daily Herald the amount due in transaction (6). Paid $40 of interest on the bank loan obtained in transaction (2). Paid employees' salaries, $6,910. Received $12,960 cash from customers billed in transaction (7). Paid income tax, $1,620