Required information The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1 Jan, 30 Established te business when it acquired $47,000 cash from the issue of common stock, Feb. Paid rent for office space for two years, $16,200 cash Apr. 0 Purchased $810 of supplies on account. Juy Received $26,500 cash in advance for services to be provided over the next year 20 Paid $608 of the accounts payable from April lo Aus. 5 Billed a customer $9,800 for services provided during August. Sept. 5 Completed a job and received $3,400 cash for services rendered. Oct. Paid employee salaries of 34,000 cash. 15 Received $8,700 cash from accounts receivable Nov. 6 Billed customers $35,500 for services rendered on account. Dec, Paid a dividend of $1,100 cash to the stockholders. Adjusted records to recognize the services provided on the contract of July 31 Recorded $2,450 of accrued salaries as of December 3l 3l Recorded the rent expense for the year, (See February I.) 31 Physically counted supplies: $120 was on hand at the end of the period. f. Prepare a post-closing trial balance for Year 1. (Round your final answers to the nearest whole dollar amount.) SMITH TRAINING COMPANY Post-Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Cash Common stock Prepaid rent Supplies Salaries expense Accounts payable Service revenue Accounts receivable Salaries payable Dividends Totals