Taylors Delivery Service had the following transactions during December 2615: Taylors Delivery Service began operations by receiving $8,000 cash and a truck with a fair value of $20,000 from the owner, Katelynn Taylor. The business gave Taylors capital in exchange for this contribution. Dec 1 Paid $600 cash for a 6-month insurance policy. The policy will begin on December 1. Dec1 Dec 4 Paid $400 cash for office supplies. Dec 10 Performed delivery services for a customer and received $800 cash. Dec 12 Completed a large delivery job, billed the customer $1,200, and received a promise to collect the $1,200 within one week Dec 13 Paid employee salary, $750. Dec 20 Received $12,000 cash for performing delivery services Dec 22 Collected $600 in advance for delivery service to be performed later. Dec 24 Collected $1,200 cash from customer on account. Dec 27 Purchased fuel for the truck, paying $200 with a company credit card. (Credit Accounts Payable) Dec 28 Performed delivery services on account $800 Dec 28 Paid office rent $400 for the month of December Dec 30 Paid $200 on account Dec 31 Owner withdrew cash of $2,400