Selected transactions for Cheyenne Corp. during its first month in business are as follows. Sept. 1 5 Stockholders invested $11,400 cash in the business in exchange for common stock. Purchased equipment for $11,900 paying $2,000 in cash and the balance on account. 25 Paid $1,380 cash on balance owed for equipment. 30 Declared and paid a $730 cash dividend. Cheyenne's chart of accounts shows No. 101 Cash, No. 157 Equipment. No. 201 Accounts Payable. No. 11 Common St 332 Dividends.