The following transactions took place curing the first month. Transactions on May 1: Jay Bradford invested $40,000 cash in the company, as its sole owner. Hired two employees to work in the warehouse. They will each be paid a salary of $3,200 per month. Signed a 2 year rental agreement on a warehouse: pad $22.000 cash in advande for the first year. Purchased furniture and equipment costing $29,400. A cas payment of $10,000 was made immediately; the remainder will b Paid $1,800cash for 3 one-year insurance policy on the furniture and equipment. Transactions during the remainder of the month