The following events apply to Gulf Seafood for the Year $1$ fiscal year:

The company started when it acquired $$34,000$ cash by issuing common stock.

Purchased a new cooktop that cost $$15,400$ cash.

Earned $$20,400$ in cash revenue.

Paid $$12,100$ cash for salaries expense.

Adjusted the records to reflect the use of the cooktop. Purchased on January $1,$ Year $1,$ the cooktop has an expected useful life of five years and an estimated salvage value of $$3,300.$ Use straight$-$line depreciation. The adjusting entry was made as of December $31,$ Year $1.$

Required

a$.$ Record the events in general journal format and post to T$-$accounts.