[The following information applies to the questions displayed below) Cowboy Ice Cream Company (CIQ was formed on January 1. Year 1 Events Affecting the Year 1 Accounting Period 1. Acquired $77.000 cash from the issue of common stock. 2. Purchased $4,600 of supplies on account 3. Purchased land that cost $52000 cash. 4. Paid $4,600 cash to settle accounts payable created in Event 2 5. Recognized revenue on account of $76,000, 6. Paid $38,000 cash for other operating expenses 7. Collected $55,000 cash from accounts receivable Information for Year 1 Adjusting Entries 8. Recognized accrued salaries of $4.900 on December 31, Year 1. 9. Had $1,900 of supplies on hand at the end of the accounting period. Events Affecting the Year 2 Accounting Period 1. Acquired $37.000 cash from the issue of common stock. 2. Paid $4,900 cash to settle the salaries payable obligation 3. Paid $8,700 cash in advance to lease office space 4. Sold the land that cost $52,000 for $52.000 cash. 5. Received $9.900 cash in advance for services to be performed in the future. 6. Purchased $2,700 of supplies on account during the year 7. Provided services on account of $49.000 8. Collected $50,000 cash from accounts receivable. 9. Paid a cash dividend of $9,000 to the stockholders. 10. Paid other operating expenses of $36.500. Information for Year 2 Adjusting Entries 11. The advance payment for rental of the office space (see Event 3) was made on March 1 for a 12. The cash advance for services to be provided in the future was collected on October 1(see E contract started on October 1 13. Had $2,000 of supplies remaining on hand at the end of the period. 14. Recognized accrued salaries of $5,600 at the end of the accounting period. 15. Recognized $2100 of accrued interest revenue