[The following information applies to the questions displayed below.] The general ledger of Zips Storage at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $151,100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. October 31 Pay salaries, $140,600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Insurance Expense } \\ \hline \multicolumn{1}{|c|}{ Debit } & & \\ \hline Beginning Balance & & \\ \hline & & \\ \hline Ending Balance & & \\ \hline \end{tabular}