1. Borrowed $80,000 from a bank, signing a short-term note payable.
2. Provided $100,000 in service to customers, with $95,000 on account and the rest received in cash.
3. Purchased equipment for $130,000 in cash.
4. Incurred and paid employee wages of $1,000.
5. Received $410 on account from a customer.
6. Incurred and paid $4,000 cash for travel costs during the year.
7. Paid $8,200 cash on accounts payable.
8. Incurred $20,000 in utility expenses during the year, of which $15,000 was paid in cash and the rest owed on account