IThe following information applies to the questions displayed below1 On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit 43,700 Cash Accounts Receivable 46,500 Supplies 8,500 74,000 Equipment 10,000 Accumulated Depreciation 15,600 Accounts Payable Common Stock, $1 par value 10,000 90,000 Additional Paid-in Capital Retained Earnings 47100 $172,700 $172,700 Totals During January 2018, the following transactions o January 2 lssue an additional 2,200 shares of $1 par value common stock for $44,000. January 9 Provide services to customers on account, $16,600 January 10 Purchase additional supplies on account, $5,900. January 12 Repurchase 1,200 shares of treasury stock for $24 per share. January 15 Pay cash on accounts payable, $17,500. January 21 Provide services to customers for cash, $50100. January 22 Receive cash on accounts receivable, $17,600. January 29 Declare a cash dividend of $0.20 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 10,000 shares outstanding on January1, 2018 and dividends are not paid on treasury stock January 30 Reissue 600 shares of treasury stock for $26 per share. January 31 Pay cash for salaries during January, $43,000