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Karen Noonan opened Splish Brothers Cleaning Services Inc. on February 1, 2025. During February, the following transactions were completed. Feb. 1 1 1 1 3 4 5 5 Issued 5,600 shares of Splish Brothers Cleaning Services common stock for $14,560. Each share has a $1.50 par. Borrowed $9,400 on a 2-year, 6% note payable. Paid $10,100 to purchase used floor and window cleaning equipment from a company going out of business ($5,400 was for the floor equipment and $4,700 for the window equipment). Paid $224 for February Internet and phone services. Purchased cleaning supplies for $1,100 on account. Hired 4 employees. Each will be paid $540 per 5-day work week (Monday-Friday). Employees will begin working Monday, February 9. Obtained insurance coverage for $8,460 per year. Coverage runs from February 1, 2025, through January 31, 2026. Karen paid $2,115 cash for the first quarter of coverage. Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Karen sold the window cleaning equipment for $4,420 cash.

Karen Noonan opened Splish Brothers Cleaning Services Inc. on February 1. 2025. During February, the following transactions were completed. Feb.1 Issued 5,600 shares of Splish Brothers Cleaning Services common stock for $14.560. Each share has a $1.50 par. 1 Borrowed $9,400 on a 2-year, 6% note payable. 1 Paid $10,100 to purchase used floor and window cleaning equipment from a company going out of business ( $5,400 was for the floor equipment and $4,700 for the window equipment). 1 Paid $224 for February internet and phone services. 3 Purchased cleaning supplies for $1,100 on account. 4 Hired 4 employees. Each will be paid $540 per 5-day work week (Monday-Friday). Employees will begin working Mondiy. February 9 5. Obtained insurance coverage for $8.460 per year. Coverage runs from February 1, 2025, through January 31,2026 Karen paid $2.115 cash for the first quarter of coverage. 5 Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Karen sold the window cleaning equipment for $4,420cash 16 Billed customers $4,370 for cleaning services performed through February 13, 2025 , 17 Received $612 from a customer for 4 weeks of cleaning services to begin February 21, 2025. (By paying in advance, this customer received 10% off the normal weekly fee of $170.) 18 Paid $340 on amount owed on cleaning supplies. 20 Paid $3 per share to buy 340 shares of 5 plish Brothers Cleaning Services common stock from a shareholder who disagreed with management goals. The shares will be held as treasury shares. 23 Billed customers $4,820 for cleaning services performed through February 20 . 24. Paid cash for employees' wages for 2 weeks (February 913 and 16 - 20). 25 Collected $2,800 cash from customers billed on February 16. 27 Paid $224 for internet and phone services for March. 28 Declared and paid a cash dividend of $0.15 per share

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