Required Information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Credits Debits $14,000 6,800 2,800 16,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals $ 5,400 7,900 19,000 7,300 $39,600 $39,600 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $48,000, of which $19,800 is on account. 2. May 2 Collect on accounts receivable, $16,800. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $7,900 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,800. 6. October 19 Purchase equipment for $6,800 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. 7. Prepare an adjusted trial balance. RED STORM CLEANERS Adjusted Trial Balance December 31, 2021 Debit Credit Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Repairs and Maintenance Expense Depreciation Expense Supplies Expense Totals