The following events concern Anita Hall, a Manitoba law school graduate, for March 2021: 1. On March 4, she spent $20 on a lottery ticket. 2. On March 7, she won $300,000 in the lottery and immediately quit her job as a junior lawyer. 3. 4. 5. On March 10, she decided to open her own law practice, and deposited $45,000 of her winnings in a business chequing account, Hall Legal Services. On March 14, she purchased a new luxury condominium with a down payment of $150,000 from her personal funds plus a home mortgage of $240,000. On March 15, Anita signed a rental agreement for her law office space for $2,500 a month, starting March 15. She paid the first month's rent, as it is due on the 15th of each month. 6. On March 19, she hired a receptionist. He will be paid $625 a week and will begin working on March 24. 7. On March 20, she purchased equipment for her law practice from a company that had just declared bankruptcy. The equipment was worth at least $15,000 but Anita was able to buy it for only $8,100. 8. On March 21, she purchased $275 of supplies on account.