Question #2: 25 points Transactions for the Data Services Company for the month of August are presented below: 1. Stockholders invested $35,000 cash in the business. 2. Purchased equipment costing $26,500 for cash. 3. Purchased land for $40,000, paying $8,000 cash down and signing a note for the balance. 4. Purchased supplies on account for $1,875. 5. Paid $1,200 for a one-year insurance policy. 6. Received $4,360 cash for data services provided. 7. Billed a customer $3,000 for data services provided. 8. Paid wages to employees for $2,980. 9. Paid dividends to stockholders of $1,600. 10. Received payment in full from customer billed in #7 above. Instructions Journalize each transaction above, identify each transaction by its number. Omit explanations. Be sure to prepare the journal entries in proper format and with correct account names.