[The following information applies to the questions displayed below.) At the beginning of 2016, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $29,000 20,200 12,400 13,000 The following events apply to Oak's Consulting for 2016: 1. Provided $71,400 of services on account. 2. Incurred $3,000 of operating expenses on account. 3. Collected $50,200 of accounts receivable. 4. Paid $36,400 cash for salaries expense. 5. Paid $13,860 cash as a partial payment on accounts payable. 6. Paid an $10,000 cash dividend to the stockholders