The following information apples to the questions displayed below.,J Alabama Service Company was formed on January 1, 2014 Events Affecting the 2014 Accounting Perlod 1. Acquired cash of $80,000 from the Issue of common stock. 2. Purchased $5,200 of supplies on account. 3. Purchased land that cost $58,000 cash. 4. Pald $2,800 cash to settle accounts payable created In Event 2. 5. Recognized revenue on account of $82,000. 6. Pald $41,000 cash for other operating expenses. 7. Collected $58,000 cash from accounts recelvable Information for 2014 Adjusting Entries 8. Recognized accrued salaries of $5,200 on December 31, 2014 9. Had $2,200 of supplies on hand at the end of the accounting perlod Events Affecting the 2015 Accounting Perlod 1. Acqulred an additional $40,000 cash from the Issue of common stock. 2. Pald $5,200 cash to settle the salarles payable obligation. 3. Pald $9,600 cash In advance for a lease on offlce facilltles 4. Sold land that had cost $35,000 for $35,000 cash. 5. Recelved $10,800 cash In advance for services to be performed In the future 6. Purchased $3,000 of supplies on account during the year 7. Provided services on account of $52,000 8. Collected $53,000 cash from accounts recelvable 9. Pald a cash dividend of $6,000 to the stockholders 10. Pald other operating expenses of $39,500 Information for 2015 Adjusting Entrles 11. The advance payment for rental of the office facilities (see Event 3) was made on March 1 for a one-year lease term. 12. The cash advance for services to be provided In the future was collected on October 1 (see Event 5). The one-year contract started October 1. 13. Had $2,300 of supplies on hand at the end of the perlod 14. Recognized accrued salarles of $5,900 at the end of the accounting period. 15. Recognized $2,400 of accrued Interest revenue