please solve with explanation

Problem 1-3A On June 1, 2017, Windsor, Inc. was started with an initial investment in the company of $22,420 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $12,460 970 1,100 700 200 1,630 $4,830 Notes payable 4,470Accounts payable 7,730 Supplies expense 2,300 Maintenance and repairs expense 400 Utilities expense 26,230 Salaries and wages expense 22,420 In June, the company issued no additional stock but paid dividends of $1,720