At January 1 (beginning of its fiscal year), Freeman, Inc., reported the following account balances (in thousands, except for per-share values): Cash Short-term investments Accounts receivable Supplies Prepaid expenses Office equipment $1,900 410 Accounts payable $210 Unearned revenue 1,320 3,570 Salaries payable 870 150 4,720 1,050 Short-term note payable Common stock ($1 par value) Additional paid-in capital Retained earnings 780 50 6,560 2,010 a. Received $9,500 cash for consulting services rendered. b. Issued 10 additional shares of common stock at a market price of $120 per share. c. Purchased $640 of office equipment, paying 25% in cash and owing the rest on a short-term note. d. Received $890 from clients for consulting services to be performed in the next year. e. Bought $470 of supplies on account. f. Incurred and paid $1,800 in utilities for the current year. g. Performed $1,620 of consulting services, due from clients in the next year. h. Received $2,980 from clients paying on their accounts. i. Incurred $6,210 in salaries in the current year, paying $5,300 and owing the rest (to be paid next year). j. Purchased $1,230 in short-term investments and paid $800 for insurance coverage beginning in the next fiscal year. k. Received $10 in interest revenue earned in the current year on short-term investments. E3-12 Part 1 Required: 1. Prepare journal entries for each transaction for the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.