San Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole stockholder. During January 20Y6, San Mateo Health Care entered into the following transactions:

Analyze and record the January transactions for San Mateo Health Care Inc., using the integrated financial statement framework. Record each transaction by date, and show the balance for each item after each transaction. The January 1, 20Y6, balances for the balance sheet are shown below.

Jan. 1 Received $27,000 from Hillard Company as rent for the use of a vacant office in San Mateo Health Care's building. Hillard paid the rent nine months in advance. 1 Paid $6,000 for a one-year general insurance business policy. Purchased supplies of $1,800 on account. 6 9 Collected $32,000 for services provided to customers on account. 11 Paid creditors $5,000 on account. 18 Invested an additional $10,000 in the business in exchange for common stock. Billed patients $52,000 for services provided on account. 20 25 Received $15,000 for services provided to customers who paid cash. 30 Paid expenses as follows: wages, $31,000; utilities, $8,500; rent on medical equipment, $5,300; interest, $200; and miscellaneous, $3,000. Paid dividends of $8,000 to stockholder (Dr. Fields). 30 Assets Liabilities + Stockholders' Equity Accts. Pre. . Accts. Un Wages Notes Common Retained Cash + Rec. + Ins. + Supp. + Building - Depr. + Land - Pay. + Rev. + Pay. + Pay. + Stock + Earnings Bal., Jan.1 20,000 44,500 700 1,200 150,000 (11,200) 120,000 7,700 0 0 30,000 50,000 237,500