Question: On June 1 , 2 0 2 5 , Ivanhoe Service Co . was started with an initial investment in the company of $ 1

On June 1,2025, Ivanhoe Service Co. was started with an initial investment in the company of $19,250 cash. Here are the assets, liabilities, and common stock of the company at June 30,2025, and the revenues and expenses for the month of June, its first month of operations:
\table[[Cash,$4,840,Notespayable,$12,480
On June 1 , 2 0 2 5 , Ivanhoe Service Co . was

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