The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2023. The following transactions occurred during January 2024 : January 1 Sold inventory for cash, $3,400. The cost of the inventory was $1,900. The company uses the perpetual inventory system. January 2 Purchased equipment on account for $5,4e from the Strong Company. The full amount is due in 15 days. January 4 Received a $10 e invoice from the local newspaper requesting payment for an advertisement that Whitlow placed in the paper on January 2. January 8 Sold inventory on account for $4,900. The cost of the inventory was $2,790. January 10 Purchased inventory on account for $9,450. January 13 Purchased equipment for cash, $700. January 16 Paid the entire amount due to the Strong Company. January 18 Received $3,90 from customers on account. January 26 Paid $790 to the owner of the building for January's rent. January 30 Paid employees $2,90 e for salaries for the month of January. January 31 Paid a cash dividend of $809 to shareholders. 3. Enter the beginning balances as of January 1, 2024 and post the entries to T-accounts. te: Enter the dote of the transactlon In the column next to the omount. (1) Required information \begin{tabular}{|l|l|l|l|} \hline Beginning balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beginning balance & & \multicolumn{3}{|c|}{ Equipment } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}