On January 1, 2024, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit Cash $44,500 Accounts Receivable 48,100 Supplies 9,300 Equipment 82,000 Accumulated Depreciation $10,800 Accounts Payable 16,400 Common Stock, $1 par value 18,000 Additional Paid-in Capital 98,000 Retained Earnings 40,700 Totals $183,900 $183,900 During January 2024, 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, $19,500. January 10 Purchase additional supplies on account, $6,700. January 12 Purchase 1,200 shares of treasury stock for $21 per share. January 15 Pay cash on accounts payable, $18,300. January 21 Provide services to customers for cash, $50,900. January 22 Receive cash on accounts receivable, $18,400. January 29 Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 18,000 shares outstanding on January 1, 2024, and dividends are not paid on treasury stock.) January 30 Resell 600 shares of treasury stock for $23 per share. I January 31 Pay cash for salaries during January, $43,800. The following information is available on January 31, 2024. a. Unpaid utilities for the month of Ja Jary are $8,000. b. Supplies at the end of January total $6,900. c. 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 $11,800. d. Accrued income taxes at the end of January are $2,900.