The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2020. Credits Debits 4,900 1,900 4,900 10,980 3,400 2,900 Account Title Cash Accounts receivable Inventory Equipment Accumulated depreciation Accounts payable Accrued liabilities Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Advertising expense Totals 8,000 8,300 22,600 22,600 The following transactions occurred during January 2021 Jan. 1 Sold merchandise for cash, $3,480. The cost of the merchandise was $1,980. The company uses the perpetual inventory system. 2 Purchased equipment on account for $5,400 from the Strong Company. 4 Received a $100 invoice from the local newspaper requesting payment for an advertisement that Whitlow placed in the paper on January 2. 8 Sold merchandise on account for $4,900. The cost of the merchandise was $2,700. 10 Purchased merchandise on account for $9,450. 13 Purchased equipment for cash, $700. 16 Paid the entire amount due to the Strong Company. 18 Received $3,900 from customers on account. 20 Paid $700 to the owner of the building for January's rent. 30 Paid employees $2,900 for salaries for the month of January. 31 Paid a cash dividend of $800 to shareholders. 4. Prepare an unadjusted trial balance as of January 31, 2021