The following events apply to Montgomery Company for Year 1, its first year of operation: Received cash of $43,000 from the issue of common stock. Performed $62,000 of services on account. Incurred $9,300 of other operating expenses on account. Paid $35,000 cash for salaries expense. Collected $41,500 of accounts receivable. Paid a $4,400 dividend to the stockholders. Performed $10,900 of services for cash. Paid $6,900 of the accounts payable. Required a. Record the preceding transactions in general journa