Beginning Balances for Grace Main are as follows: Cash 6400 Accounts Receivable 6,900 Accounts Payable 1,600 Notes Payable 1500 Retained Earnings 0 Common Stock 10,200 The following transactions occurred during the first Month of 2022 : a. Paid rent on office and equipment for January, $1,800. b. Collected $4,500 on account from clients. c. Borrowed $3,000 from a bank and signed a note payable for that amount d. Billed clients for work performed on account, $12,500 e. Paid $1400 on accounts payable. f. Received invoice for January advertising, $550. g. Paid January salaries, $3,800 h. Paid January utilities, $430 i. Paid stockholder's a dividend of $3600 j. Purchased a scanner/printer for $1,400 k. Paid interest of $30 to the bank