The following events apply to the first year of Jackson Consulting Company: 1. Acquired $25,000 cash by issuing common stock on January 1, 2022. 2. Purchased $1,100 of supplies on account. 3. Paid $12,000 cash in advance for a one-year office rental contract. 4. Earned $38.000 of consulting revenue on account. 5. Incurred $16,000 of general operating expenses on account. 6. Collected $20,000 cash from receivables. 7. Paid $13,000 cash on accounts payable. 8. The one-year office rental contract was effective beginning October 1. 2022. 9. There was $1,200 of accrued salaries to be paid in 2023 . 10. Paid $5,000 cash dividend to stockholders