During 2018, its first year of operations as a delivery service, Sunland Corp. entered into the following transactions. The fiscal year end for Sunland is December 31. 1. Issued common shares to investors in exchange for $ 108,000 in cash. 2. Borrowed $ 40,000 cash from the bank, due 2020. 3. Purchased delivery vehicles for $ 58,000 cash. 4. Received $ 28,000 from customers for services provided. 5. Purchased supplies for $ 4,500 on account. 6. Paid rent of $ 5,200. 7. Performed services on account for $ 11,000. 8. Paid salaries of $ 31,000. 9. Declared and paid a dividend of $ 12,000 to shareholders. 10. Paid income taxes of $ 200 for the month. Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Sr No Account Titles and Explanation Debit Credit 1 2 3 4 5 6 7 9 10