On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	44,000
Accounts Receivable		47,100
Supplies		8,800
Equipment		77,000
Accumulated Depreciation				$	10,300
Accounts Payable					15,900
Common Stock, $1 par value					13,000
Additional Paid-in Capital					93,000
Retained Earnings					44,700
Totals	$	176,900		$	176,900

During January 2018, the following transactions occur:

January 2	Issue an additional 2,000 shares of $1 par value common stock for $40,000.
January 9	Provide services to customers on account, $17,900.
January 10	Purchase additional supplies on account, $6,200.
January 12	Repurchase 1,000 shares of treasury stock for $20 per share.
January 15	Pay cash on accounts payable, $17,800.
January 21	Provide services to customers for cash, $50,400.
January 22	Receive cash on accounts receivable, $17,900.
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 13,000 shares outstanding on January 1, 2018 and dividends are not paid on treasury stock.)
January 30	Reissue 600 shares of treasury stock for $22 per share.
January 31	Pay cash for salaries during January, $43,300.

The following information is available on January 31, 2018.

1. Unpaid utilities for the month of January are $7,500.
2. Supplies at the end of January total $6,400.
3. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $11,300.
4. Accrued income taxes at the end of January are $2,400.