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2 value 13.00 points On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances unts Cash Accounts Recelvable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings 43,600 46,300 8,400 73,000 S 9,900 15,500 19,000 89,000 37,900 Totals $171,300 S171.300 During January 2018, the following transactions occur January 2 Issue an additional 2,100 shares of $1 par value common stock for $42,000 January 9 Provide services to customers on account, $16,300 January 10 Purchase additional supplies on account, $5,800 January 12 Repurchase 1,200 shares of treasury stock for $22 per share. January 15 Pay cash on accounts payable, $17,400 January 21 Provide services to customers for cash, $50,000 January 22 Receive cash on accounts receivable, $17,500 January 29 Declare a cash dividend of $0 40 per share to all shares outstanding on January 29. The dividend is payable on February 15 (Hint: Grand Finale Fireworks had 19,000 shares outstanding on January 1, 2018 and dividends are not paid on treasury stock.) January 30 Reissue 700 shares of treasury stock for $24 per share. January 31 Pay cash for salaries during January, $42 900