Karen Noonan opened Windsor Cleaning Services Inc. on February 1, 2022. During February, the following transactions were completed: Feb. 1 1 1 1 3 4 5 5 16 17 18 Issued 4,700 shares of Windsor Cleaning Services common stock for $12,220. Each share has a $1.50 par. Borrowed $7,520 on a 2-year, 6% note payable. Paid $8,480 to purchase used floor and window cleaning equipment from a company going out of business ($4,530 was for the floor equipment and $3,950 for the window equipment). Paid $210 for February Internet and phone services. Purchased cleaning supplies for $920 on account. Hired 4 employees. Each will be paid $450 per 5-day work week (Monday-Friday). Employees will begin working Monday, February 9. Obtained insurance coverage for $9,250 per year. Coverage runs from February 1, 2022, through January 31, 2023. Karen paid $2,313 cash for the first quarter of coverage. Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Karen sold the window cleaning equipment for $3,710 cash. Billed customers $3,670 for cleaning services performed through February 13, 2022. Received $504 from a customer for 4 weeks of cleaning services to begin February 21, 2022. (By paying in advance, this customer received 10% off the normal weekly fee of $140.) Paid $280 on amount owed on cleaning supplies.

Karen Noonan opened Windsor Cleaning Services Inc, on February 1, 2022. During February, the following transactions were completed: Feb. 1 Issued 4,700 shares of Windsor Cleaning Services common stock for $12,220. Each share has a $1.50 par. 1 Borrowed $7,520 on a 2 -year, 6% note payable. 1 Paid $8,480 to purchase used floor and window cleaning equipment from a company going out of business ($4.530 was for the floor equipment and $3.950 for the window equipment). 1 Paid $210 for February Internet and phone services. 3 Purchased cleaning supplies for $920 on account. 4 Hired 4 employees. Each will be paid $450 per 5-day work week (Monday * Friday). Employees will begin working Monday, February 9. 5 Obtained insurance coverage for $9,250 per year. Coverage runs from February 1, 2022 , through January 31, 2023. Karen paid $2,313 cash for the first quarter of coverage. 5. Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Karen sold the window cleaning equipment for $3,710 cash. 16 Billed customers $3,670 for cleaning services performed through February 13, 2022. 17 Received $504 from a customer for 4 weeks of cleaning services to begin February 21, 2022. (By paying in advance, this customer received 10% off the normal weekly fee of $140 ). 18 Paid $280 on amount owed on cleaning supplies. 20 Paid $3 per share to buy 280 shares of Windsor Cleaning Services common stock from a shareholder who disagreed with management goals. The shares will be held as treasury shares. 23 Billed customers $4,040 for cleaning services performed through February 20. 24 Paid cash for employees' wages for 2 weeks (February 9-13 and 16-20). 25 Collected $2,350 cash from customers billed on February 16. 27 Paid $210 for Internet and phone services for March. 28 Declared and paid a cash dividend of $0.30 per share. Prepare a trial balance at February 28,2022