Required information [The following information applies to the questions displayed below] At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts. The following events apply to Oak Consulting for Year 2 : 1. Provided $66,300 of services on account. 2 Incurred $2,900 of operating expenses on account. 3. Collected $48,900 of accounts receivable. 4. Paid $37,300 cash for salaries expense. 5. Paid $12,420 cash as a partial payment on accounts payable. 6. Paid a $8,700 cash dividend to the stockholders