The Carla Vista Theater Inc. was recently formed. It began operations in March $2022.$ The Carla Vista is unique in that it will show only

triple features of sequential theme movies. On March $1,$ the ledger of The Carla Vista showed Cash $$17,500$; Land $$35,500$; Buildings

$($concession stand, projection room, ticket booth, and screen$)$ $$22,000$; Equipment $$17,000$; Accounts Payable $$12,800$; and Common

Stock $$79,200.$ During the month of March, the following events and transactions occurred:

Mar. $2$ Rented the first three Star Wars movies $($Star Wars ${?}^{},$ The Empire Strikes Back, and The Return of the Jedi$)$ to be shown for the

first three weeks of March. The film rental was $$11,500$;$$1,800$ was paid in cash and $$9,700$ will be paid on March $10.$

$3$ Ordered the first three Star Trek movies to be shown the last $10$ days of March. It will cost $$500$ per night.

$9$ Received $$11,700$ cash from admissions.

$10$ Paid balance due on Star Wars movies' rental and $$3,000$ on March $1$ accounts payable.

$11$ The Carla Vista Theater contracted with R$.$ Lazlo to operate the concession stand. Lazlo agrees to pay The Carla Vista

$15\%$ of gross receipts, payable monthly, for the rental of the concession stand.

$12$ Paid advertising expenses $$400.$

$20$ Received $$8,800$ cash from customers for admissions.

$20$ Received the Star Trek movies and paid rental fee of $$4,500.$

$31$ Paid salaries of $$3,800.$

$31$ Received statement from R$.$ Lazlo showing gross receipts from concessions of $$10,000$ and the balance due to The Carla

Vista of $$1,500($ $$10,000\mathrm{.}15$ for March. Lazlo paid half the balance due for the rental of the concession stand and will

remit the remainder on April $5.$

$31$ Received $$20,000$ cash from customers for admissions.