On January 1, 2014, Jacqueline Fernandez formed a corporation to purchase wheat harvesting equipment and provide contract support services to farmers throughout the Midwest. Information about the first year of operation follows:
	Jan. 1	Investors provided $2,500,000 of cash in exchange for stock of Fernandez Corporation
	Jan. 1	Purchased combines and trucks in exchange for $1,000,000 cash and a $3,000,000 note payable
	Feb. 7	Purchased $40,000 of supplies on account that will be needed during the upcoming harvest
	Mar. 3	Paid wages of $65,400
	Apr. 1	Billed customers for services in the amount of $230,000
	Apr. 11	Paid $30,000 toward the purchase of February 7
	May 1	Purchased a $24,000 insurance policy, recorded as prepaid insurance
	June 6	Collected $210,000 on accounts receivable
	June 9	Paid wages of $130,600
	June 15	Paid $30,200 for fuel costs
	June 20	Paid $12,500 for lodging costs incurred by crew
	June 30	Paid $120,000 of interest and $80,000 to reduce the balance of the note payable
	Aug. 1	Billed customers for services provided in the amount of $812,000
	Sept. 3	Collected $715,000 on accounts receivable
	Sept. 16	Purchased $25,000 of supplies on account
	Sept. 25	Paid $61,200 for fuel costs
	Oct. 20	Paid $8,100 for lodging costs incurred by crew
	Nov. 3	Paid wages of $125,900
	Dec. 15	Collected $100,000 as deposits from customers who contracted for 2014 harvesting services
	Dec. 31	Declared and paid a $25,000 dividend to shareholders
Fernandez Corporation uses the following accounts:
	Cash
	Accounts Receivable
	Supplies
	Prepaid Insurance
	Equipment
	Accumulated Depreciation
	Accounts Payable
	Interest Payable
	Unearned Revenue
	Notes Payable
	Capital Stock
	Retained Earnings
	Dividends
	Revenues
	Wage Expense
	Fuel Expense
	Lodging Expense
	Insurance Expense
	Supplies Expense
	Interest Expense
	Depreciation Expense
	Income Summary
(a)	Journalize the listed transactions.
(b)	Post the transactions to the appropriate general ledger accounts.
(c)	Prepare a trial balance as of December 31.