Milea Incorporated experienced the following events in Year 1, its first year of operations: Received $12,500 cash from the issue of common stock. Performed services on account for $45,000. Paid the utility expense of $1,050. Collected $39,450 of the accounts receivable. Recorded $8,400 of accrued salaries at the end of the year. Paid a $1,150 cash dividend to the stockholders. Exercise 2-3A (Algo) Part a Required Record the events in general ledger accounts under an accounting equation. In the last column of the table, provide appropriate account titles for the Retained Earnings amounts