9. At the beginning of January, the balance in the Retained Earnings account is $475,000 for T&J Corporation. During the month of January, T&J had the following external transactions. (a) Purchase equipment and pay cash $190,000 (b) Pay rent for the month 3,000 (c) Issue common stock for cash 100,000 (d) Provide services to customers on account 75,000 (0) (e) Provide services to customers in exchange for cash Pay workers' salaries for the month 50,000 (e) Pay dividends to stockholders 100,000 15,000 Chapter 2 Determine ending Retained Earnings for January 31st. Page 2-1