Hazel is starting a real estate business. Consider the first months' transactions: 1. The company issues stock to Hazel in exchange for $21,000 cash. 2. Purchased office equipment, paying $7,000 in cash and signed a note payable for $10,000. 3. Real estate commissions have been earned and are billed to clients in the amount of $7,000. 4. Paid $5,000 in cash for the current month's rent. 5. Received cash of $9,000 for work already performed but not previously billed to clients or recorded. 6. Paid $4,000 cash for office salaries. 7. Received a check for $3,000 for work not yet performed - Hazel will do this work next month. 8. Paid dividends of $4, 500. 9. Received $5,000 on account(#3 above) REQUIRED I. Journalize the above business transactions in general journal form. You may omit explanations of the transactions. II. Post the journal entries to "T" accounts. Use the following accounts: Cash. Accounts Receivable, Office Equipment, Unearned Revenue, Notes Payable, Common Stock, Revenue, Rent Expense, Office Salaries Expense and Dividends. III. Prepare a trial balance. IV. Calculate Net Income. V. Calculate the ending Retained Earnings balance