feb 1, our business received $60,000 of cash in exchange for ownership in the business. feb 2, our business paid feb rent in the amount of $11,000 with a check. feb 3, our business purchased equipment for $55,000 with a $20,000 check and the remainder due later. feb 14, our business provided services to a customer worth $70,000, of which $38,000 was received in cash via a check and the balance is due from the customer. feb 24, our business received the utility bill for february in the amount of $8,000 to be paid later. feb 25, our business made payments to the owners in the amount of $9,000 with checks. feb 26, our business received a $10,000 check from the customer on account. feb 27, our business paid another $15,000 on account for the equipment purchased in transaction