Sunland Services was formed on May 1, 2022. The following transactions took place during the first month. Transactions on May 1: 1. Jay Bradford invested $40,000.00 cash in the company, as its sole owner. 2. Hired two employees to work in the warehouse. They will each be paid a salary of $3,280 per month. 3. Purchased equipment costing $27,300. A cash payment of $9,100 was made immediately, the remainder will be paid in 6 months. 4. Paid $1,800 cash for 6 months of insurance Transactions during the remainder of the month: 5. Paid $1,830 for rent for the month of May. 6. Purchased basic office supplies for $430 cash. 7. Purchased more office supplied for $1,290 on account. 8. Total revenues earned were $18,200-$8,400 cash and $9,800 on account. 9. Paid $425 to supplies for accounts payable due. 10. Received $3,560 from customers in payment of accounts receivable. 11. Received utility bills in the amount of $400, to be paid next month. 12. Paid the monthly salaries of the two employees, totaling $6,560. Prepare journal entries to record each of the events listed