The beginning account balances for Miller Company were as follows for 2016, 2017, 2018:

	2016	2017	2018
Cash	$12,000	$19,000	$42,600
Accounts Receivable	6,000	10,000	6,000
Land	9,000	9,000	9,000
Prepaid rent	0	1,000	1,400
accounts payable	12,300	11,300	15,300
Salaries Payable	0	0	2,100
Common Stock	10,000	10,000	10,000
Retained Earnings	4,700	17,700	31,600

Miller company experienced the following events for the account period 2018:

1. Paid accured salaries.

2. Performed services on account of $56,000.

3. Paid rent of $9,000 for the period March 1, 2018 to March 1, 2019. and recorded the expired rent for the period January 1, 2018, to March 1, 2018.

4. Incurred operating expenses of $32,000 on account.

5. Collected $55,000 of accounts receivable.

6. Paid $33,000 of accounts payable.

7. Sold land for $5,000; the land had a cost of $5,000.

8. Recorded expired rent.