Sheridan Company entered into these transactions during May 2025, its first month of operations. 1. ' 2. 3. 4 5. 6. 7. 8. 9. Stockholders invested $44,000 in the business in exchange for common stock of the company. Purchased computers for office use for $31,800 from Ladd on account. Paid $2,100 cash for May rent on storage space. Performed computer services worth $16,500 on account. Performed computer services for Wharton Construction Company for $6,300 cash. Paid Western States Power Co. $8,400 cash for energy usage in May. Paid Ladd for the computers purchased in (2). Incurred advertising expense for May of $1,500 on account. Received $12,600 cash from customers for contracts billed in (4). Using the following tabular analysis,