The following events apply to Montgomery Company for Year 1, its first year of operation: 1. Received cash of $38,000 from the issue of common stock. 2. Performed $57,000 of services on account. 3. Incurred $8,300 of other operating expenses on account. 4. Paid $30,000 cash for salaries expense. 5. Collected $39,000 of accounts receivable. 6. Paid a $3,900 dividend to the stockholders, 7. Performed $10,400 of services for cash. 8. Paid $6,400 of the accounts payable. Required a. 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,