Surepar Disc Golf Course was opened on March 1 by Bill Arnsdorf. The following selected events and transactions occurred during March: Mar. 1 Invested $ 60,000 cash in the business in exchange for common stock. 3 Purchased Lee's Golf Land for $38,000 cash. The price consists of land $23,000, shed $9,000, and equipment $6,000. (Make one compound energy.) 5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $1,600. 6 Paid cash $ 2,400 for a one-year insurance policy. 10 Purchased golf discs and other equipment for $1,050 from Parton Company payable in 30 days. 18 Received $340 in cash for golf fees earned. 19 Sold 100 coupon books for $18 each. Each book contains 4 coupons that enable the holder to play one round of disc golf. 25 Declared and paid an $800 cash dividend. 30 Paid salaries of $250. 30 Paid Parton Company in full. 31 Received $200 cash for fees earned. Bill Arnsdorf uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Unearned Service Revenue, Common Stock, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense