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The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances:

Accounts	Debits				Credits
Cash	$	48,500
Accounts Receivable		32,700
Land		117,800
Accounts Payable						16,000
Notes Payable (due in 2 years)						37,000
Common Stock						107,000
Retained Earnings						39,000
Totals	$	199,000			$	199,000

The following is a summary of the transactions for the year:

1.		January		12		Provide services to customers on account, $69,400.
2.		February		25		Provide services to customers for cash, $78,800.
3.		March		19		Collect on accounts receivable, $46,400.
4.		April		30		Issue shares of common stock in exchange for $37,000 cash.
5.		June		16		Purchase supplies on account, $13,500.
6.		July		7		Pay on accounts payable, $12,000.
7.		September		30		Pay salaries for employee work in the current year, $71,200.
8.		November		22		Pay advertising for the current year, $23,200.
9.		December		30		Pay $3,600 cash dividends to stockholders.

The following information is available for the adjusting entries.

Accrued interest on the notes payable at year-end amounted to $3,200 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $2,200 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $3,000.

7. Prepare an adjusted trial balance.