Required information [The following information applies to the questions displayed below.] The following events apply to Gulf Seafood for the Year 1 fiscal year: 1. The company started when it acquired $33,000 cash by issuing common stock. 2. Purchased a new cooktop that cost $14,900 cash 3. Earned $19,500 in cash revenue 4. Paid $11,400 cash for salaries expense. 5. Adjusted the records to reflect the use of the cooktop. Purchased on January 1, Year 1, the cooktop has an expected useful life of five years and an estimated salvage value of $2,600. Use straight-line depreciation. The adjusting entry was made as of December 31, Year 1 Required a Pocord tho ovents in general iournal format and nost t accounts If no entry is required for a transaction/event seloct "No. Cash Equipment-Cooktop Beg. Bal Beg. Bal End. Bal End. Bal Accumulated Depr. Common Stock Beg. Bal Beg. Bal End. Bal End, Ball Salaries Expense Sales Revenue Beg. Bal Beg. Bal End. Bal End. Bal Depreciation Expense Beg. Bal Cash 14,900 3 Cash 19,500 Sales revenue 19,500 Salaries expense D 4 11,400 Cash 11,400 2,600 5 2,600