Crazy Mountain Tours is a travel agency owned and operated by Ted Jaeger. The nine transactions recorded by Crazy Mountain Tours during May 20Y2, its first month of operations, are indicated in the following T accounts:

a. Prepare an unadjusted trial balance. List all the accounts in the order of Assets, Liabilities, Owner's equity, Revenues, and Expenses. Place the amounts in the proper columns. If an amount box does not require an entry, leave it blank.

b. Based upon the unadjusted trial balance, determine the net income or net loss.

Cash \begin{tabular}{lr|rr} \hline(1) & 40,700 & (2) & 2,850 \\ (7) & 16,300 & (3) & 5,250 \\ & & (4) & 4,500 \\ & & (6) & 12,200 \\ & & (9) & 4,100 \end{tabular} Ted Jaeger, Drawing (3) 29,300 Dividends (9) 4,100 Accounts Receivable \begin{tabular}{ll|ll} \hline (5) 22,000 & (7) & 16,300 \end{tabular} Accounts Payable \begin{tabular}{ll|ll} \hline (6) 12,200 & (3) 24,050 \end{tabular} Service Revenue (5) 22,000 Supplies \begin{tabular}{ll|ll} \hline (2) 2,850 & (8)1,650 \end{tabular} Ted Jaeger, Capital (1) 40,700 a. Prepare an unadjusted trial balance. List all the accounts in the order of Assets, Liabilities, Owner's equity, Revenues, and Expenses. Place the amounts in the proper columns. If an amount box does not require an entry, leave it blank. b. Based upon the unadjusted trial balance, determine the net income or net loss