GL $2-16($Algo$)$ Great Adventures Continuing Problem $($LO$2-3,2-4,2-5,2-6,2-7,2-8)$

Tony and Suzie graduate from college in May $2024$ and begin developing their new business. They begin by offering clinics for basic

outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races.

These races will involve four$-$person teams that race ftom one checkpoint to the next using a combination of kayaking, mountain

biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes course for outdoor

enthusiasts.

On July $1,2024,$ Tony and Suzie organize their new company as a corporation, Great Adventures Incorporated The articles of

incorporation state that the corporation will sell $21,000$ shares of common stock for $$1$ each. Each share of stock represents a unit of

ownership. Tony and Suzie will act as co$-$presidents of the company. The following business activities occur during July for Great

Adventures.