Blaine Air Transport Service, Inc., has been in operation for three years. The following transactions occurred in February: February 1 Paid $280 for rent of hangar space in February. February 2 Purchased fuel costing $560 on account for the next flight to Dallas. February 4 Received customer payment of $780 to ship several items to Philadelphia next month. February 7 Flew cargo from Denver to Dallas; the customer paid $830 for the air transport. February 10 Paid $145 for an advertisement in the local paper to run on February 19. February 14 Paid pilot $3, 200 in wages for flying in January (recorded as expense in January). February 18 Flew cargo for two customers from Dallas to Albuquerque for $3, 900: one customer paid $1, 900 cash and the other asked to be billed. February 25 Purchased on account $2, 560 in spare parts for the planes. February 27 Declared a $110 cash dividend to be paid in March. Required: Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)