During 2022, 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. 2. 3. 4 5. 6. 7. 8. Issued common shares to investors in exchange for $94,000 in cash. Borrowed $42,300 cash from the bank, due 2024. Purchased delivery vehicles for $56,400 cash. Received $24.440 from customers for services provided. Purchased supplies for $4,100 on account. Paid rent of $5,180 Performed services on account for $9,400. Paid salaries of $26,320 Declared and paid a dividend of $10,340 to shareholders. Paid income taxes of $310 for the month. 9. 10. 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. List all debit entries before credit entries.) Sr No Account Titles and Explanation Debit Credit 1 2 3 4 5 6