[The following information applies to the questions displayed below.] The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances: Debits $ 15,000 7,000 3,000 10,000 Accounts Credits Cash Accounts Recelvable Supples Equlpment Accumulated Depreclation 3,000 5,000 20,000 Salarles Payable Common Stock Retalned Earnings 7,000 $35,000 $35,000 Totals The following is a summary of the transactions for the year: a. March 12 Provide services to customers, $50,000, of which $20,000 is on account b. May 2 Collect on accounts receivable, $17,000. c. June 30 Issue shares of common stock in exchange for $5,000 cash. d. August 1 Pay salaries, $25,000 (of which $5,000 is for salaries payable in 2017). e. September 25 Pay repairs and maintenance expenses, $12,000. f. October 19 Purchase equipment for $7,000 cash. g.December 30 Pay $1,000 cash dividends to stockholders. h. Accrued salaries at year-end amounted to $1,000. Depreciation for the year on the equipment is $4,000. Office supplies remaining on hand at the end of the year equal $1,000 7. Prepare an adjusted trial balance. RED STORM CLEANERS Adjusted Trial Balance December 31, 2018 Debit Accounts Credit Cash Accounts receivable Supplies Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Dividends Service revenue Salaries expense Repairs and maintenance expense Depreciation expense Supplies expense Totals