Enter the following transactions for the Fly by Night FBO, Inc. (FbN) for the car 2018 in a Taccount ledger, then create a Trial Balance on 12/31/2018. (Read the transactions carefully. Some have entries in more than one month.) A. On January 1, 2018 the FON issues 5,000 share of stock in the corporation at $25.00 per share. B. On January 15 two acres of land are purchased as a building site, paying $10,000 per acre. C. On February 28 office furnishings are purchased at a total cost of $4,400. A down payment of $2,000 cash was made and a promissory note was issued to make equal monthly payments for a year for the balance. The first payment is to be made on March 1. D. On February 28 ha hangar is constructed. The cost of the hangar was $25.500. FON pays $6,000 down and signs a 5% mortgage for the balance (5855.49 per month for 24 months). The first payment is due on April 1". See amortization table. The hangar has a useful life of 20 years and has a salvage value of $0. E. On March 1" $5,000 parts inventory is purchased on account from the Textronico Company. FnB agrees to pay Textronico $1,000 per month for the inventory beginning on April 1". F. On March contracts with Amerwont Utilites to provide electric and gas service for a Mat 5500 per month, including a $200 connection fee payable with the first payment on April 1". G. On March 1" $2,800 cash is paid for hangar equipment. The equipment has a useful life of 5 years and a salvage value of $300. H. On April 1"purchases a one-year comprehensive insurance policy from Gotcha Insurance for $14,400 cash. 1. On April 1"purchases 4,900 gallons of fuel inventory from Philerup Company on account for $29,400, net-60. J. On April 20 sells 2000 gallons of fuel to We-flyum, Inc, a local Part 135 operation, at a total cash price of $13,000 K. On April 8 pays $10,000 to Philerup Company L. On May 31" a balance of $19,400 is paid to Philerup Company. M. On July 15" makes a $3,100 cash purchase of parts inventory from the Chinese government. It also pays $200 of associated freight charges The owner of the company takes a break and cruises the Caribbean in a friend's yacht for three months. No purchases or sales are made, but the mortgage and other monthly expenses are still paid. N. On November 1"provides maintenance services worth $20,000 for the Spitfire Crop Dusting Company aircraft. The Spitfire service used $2,500 worth of parts and was billed to the company. 0. On November 1"provides maintenance service for Parks Flying Service aircraft for $40,000 cash. The Parks Flying Service repair used $4,500 worth of parts. P. On December 1 Fb rents a portion of its building to George's Engine Repair Service, receiving three months rent at $150 per month Q. On December 29 distributes dividends of $500 (0.10 per share for 5.000 shares) to its owners