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Skysong Club Miniature Golf and Driving Range was opened on May 1: The following events and transactions are for May May 1 2 4 5 6 Amin Mawani, the owner, invested $72.900 cash in the business Purchased Lee's Golf Land for $230.500. The price consists of land, 107.500 building. $71.500, and equipment, $51.500. Paid $52 500 cash and signed a note payable for the balance. Purchased golf clubs and other equipment for $16.500 from Woods Company an account Hired a golf pro to teach lessons at the golf range at a rate of $35 per hout, Paid $2.770 cash tora one year insurance policy Collected $2,030 of golf fees in cash from customers for services provided. Paid Woods Company 55.400 for the items purchased on May 4. Baled a customer. Deer Fern Inc. $1,250 for golf lessons provided Deer Fern Inc paid $600 and agreed to pay the remaining amount owing in 10 days Received 5650 from Deer Fere Inc for the May 20 transaction Collected $3,550 cash from golfing customers for golf services provided 15 19 20 30 31 31 Paid salaries of $2.550. 31 Paid 5665 of interest on the note payable 31 Paid Amin Mawani $1.975 for his personal use