Required information [The following information applies to the questions displayed below] Milea Incorporated experienced the following events in Year 1, its first year of operations. 1. Received $17,000 cash from the issue of common stock. 2. Performed services on account for $45,000 3. Paid the utility expense of $1,200, 4. Collected $33,930 of the accounts receivable. 5. Recorded $8,100 of accrued salaries at the end of the year. 6. Paid a $800 cash dividend to the stockholders.