The following events apply to Montgomery Company for Year 1, its first year of operation: 1. Received cash of $33,000 from the issue of common stock. 2 Performed $52.000 of services on account. 3. Incurred $7,300 of other operating expenses on account. 4. Paid $25.000 cash for salaries expense. 5. Collected $36,500 of accounts receivable. 6. Paid a $3.400 dividend to the stockholders 7. Performed $9,900 of services for cash. 8. Paid $5.900 of the accounts payable. 10 points eBook Pint References Required o. Record the preceding transactions in general journal form. b. Post the entries to T-accounts and determine the ending balance in each account c. & d. Determine the amount of total assets at the end of Year 1, and the amount of net income for Year 1 Complete this question by entering your answers in the tabs below Req A Req BReq C and D Determine the amount of total assets at the end of Year 1, and the amount of net income for Year . C Total assets d Net income Req B Req C and D