This information relates to Whispering Winds Real Estate Agency for the month of October, 2022. Oct. Stockholders invested $40,000 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $30,000. 3 Buys equipment for $3,900 on account. 6 Sells a house and lot for M Springer; commissions due from Springer, $12,000 (not paid by Springer at this time). 10 Receives cash of $160 as commission for acting as rental agent renting an apartment. 27 Pays $780 on account for the equipment purchased on October 3. 30 Pays the administrative assistant $2,500 in salary for October