1. Facebook, Inc. issues shares worth $35,000,000.
2. Facebook, Inc. purchases servers on credit for $6,000,000.
3. Facebook, Inc. sells advertising space for $22,000,000 in cash.
4. Facebook, Inc. pays $4,000,000 for data center expenses.
5. Facebook, Inc. pays $3,000,000 in wages.
6. Facebook, Inc. receives $2,000,000 in cash for services rendered.
7. Facebook, Inc. buys software licenses for $3,000,000 cash.
8. Facebook, Inc. incurs $800,000 in maintenance expenses.
9. Facebook, Inc. declares and pays dividends of $2,500,000.
10. Facebook, Inc. records $900,000 in depreciation expense.

1. Record those transactions in a journal.
2. Prepare a trial balance.
3. Prepare an income statement for the year ended.
4. Prepare a balance sheet for the year ended.