The following events apply to Montgomery Company for Year 1, ts first year of operation: 1. Received cash of $36,000 from the issue of common stock. 2. Performed $48,000 of services on account. 3. Incurred $6,500 of other operating expenses on account 4. Paid $21,000 cash for salaries expense. 5. Collected $34,500 of accounts receivable. 6. Paid a $3,000 dividend to the stockholders 7. Performed $9,500 of services for cash. 8. Paid $5,500 of the accounts payable. ces 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 / 2 Complete this question by entering your answers in the tabs below. Req A Req BReq C and D