At the beginning of Year $2,$ Oak Consulting had the following normal balances in its accounts.

Account Balance

Cash $$32,500$

Accounts receivable $22,800$

Accounts payable $14,400$

Common stock $28,300$

Retained earnings $12,600$

The following events apply to Oak Consulting for Year $2$:

Provided $$71,200$ of services on account.

Incurred $$3,200$ of operating expenses on account.

Collected $$47,100$ of accounts receivable.

Paid $$33,900$ cash for salaries expense.

Paid $$15,840$ cash as a partial payment on accounts payable.

Paid a $$8,900$ cash dividend to the stockholders.

Exercise $3-22$A $($Algo$)$ T accounts

b$.$ & d$.$ Post the beginning balances and the transactions from Part a to the appropriate accounts. Select the event number for each transaction amount. Later, post the closing entries from Part d and select $"$cl$."$ for each amount.