Required information [The following information applies to the questions displayed below.] The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2023. Account Title Debits Credits Cash $ 4,600 Accounts receivable 1, 600 Inventory 4,600 Equipment 10, 600 Accumulated depreciation $ 3,100 Accounts payable 2, 600 Accrued liabilities Common stock 8,000 Retained earnings 7,700 Sales revenue Cost of goods sold Salaries expense Rent expense Advertising expense Dividends Totals $ 21, 400 $ 21, 400 The following transactions occurred during January 2024: January 1 5old inventory for cash, $3,100. The cost of the inventory was $1, 600. The company uses the perpetual inventory system. January 2 Purchased equipment on account for $5,100 from the Strong Company. The full amount is due in 15 days. January 4 Received a $100 invoice from the local newspaper requesting payment for an advertisement that Whitlow placed in the paper on January 2. January 8 Sold inventory on account for $4,600. The cost of the inventory was $2, 400. January 10 Purchased inventory on account for $9,300. January 13 Purchased equipment for cash, $700. January 16 Paid the entire amount due to the Strong Company. January 18 Received $3, 600 from customers on account. January 20 Paid $700 to the owner of the building for January's rent. January 30 Paid employees $2,600 for salaries for the month of January. January 31 Paid a cash dividend of $800 to shareholders.4. Prepare an unadjusted trial balance as of January 31, 2024. WHITLOW MANUFACTURING CORPORATION Unadjusted Trial Balance January 31, 2024 Account Title Debits Credits Totals 69 0 0