Sal Strods opened a web consulting business called Landscape Dreams and recorded the following transactions in its first month of operations. April 1 Strods invests $95,00 cash along with office equipment valued at $33,500 in the company in exchange for common stock. April 2 The company prepaid $12, eee cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. April 3 The company made credit purchases for $8,688 in office equipment and $3,900 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received $6,100 cash. April 9 The company completed a $13, see project for a client, who must pay within 30 days. April 13 The company paid $12,500 cash to settle the account payable created on April 3. April 19 The company paid $3,600 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. April 22 The company received s5, 188 cash as partial payment for the work completed on April 9. April 25 The company completed work for another client for $5,488 on credit. April 28 The company paid $6,200 cash in dividends. April 29 The company purchased $2,100 of additional office supplies on credit. April 38 The company paid $3,300 cash for this month's utility bill. Descriptions of items that require adjusting entries on April 30, follow. a) On April 2, the company prepaid $12,000 cash for twelve months' rent for office space, b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April 1. c) Office supplies on hand as of April 30 total $1,500. d) Straight-line depreciation of office equipment, based on a 5-year life and a $6,100 salvage value, is $600 per month e) The company has completed work for a client, but has not yet billed the $2,400 fee, f) Wages due to employees, but not yet paid, as of April 30 total $3,300. LANDSCAPE DREAMS Balance Sheet April 30, 2022 ASSETS Current assets: $ 0 0 0 0 0 $ 0 Plant assets: 0 0 $ LIABILITIES AND EQUITY Liabilities: $ 0 0 0 0 Equity: 0 0 0