Required information [The following information applies to the questions displayed below.] Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions. 1. January 1 Issue 10,000 shares of common stock in exchange for $39,000 in cash. 2. January 5 Purchase land for $22,500. A note payable is signed for the full amount 3. January 9 Purchase storage container equipment for $8,700 cash. 4. January 12 Hire three employees for $2,700 per month. 5. January 18 Receive cash of $12,700 in rental fees for the current month. 6. January 23 Purchase office supplies for $2,700 on account 7. January 31 Pay employees $8,100 for the first month's salaries. 2. Post each transaction to T-accounts and calculate the ending balance for each account. Cash Supplies Beg. bal. Beg. bal. 8,700 (3) End, bal. End, bal. Land Equipment Beg. bal. Beg, bal.