The following transactions occurred during March $2024$ for the Right Corporation. The company operates a wholesale warehouse.

Issued $44,000$ shares of no$-$par common stock in exchange for $$440,000$ in cash.

Purchased equipment at a cost of $$54,000.$ Cash of $$17,000$ was paid and a note payable to the seller was signed for the balance owed.

Purchased inventory on account at a cost of $$106,000.$ The company uses the perpetual inventory system.

Credit sales for the month totaled $$190,000.$ The cost of the goods sold was $$84,000.$

Paid $$6,400$ in rent on the warehouse building for the month of March.

Paid $$7,400$ to an insurance company for fire and liability insurance for a one$-$year period beginning April $1,2024.$

Paid $$84,000$ on account for the inventory purchased in transaction $3.$

Collected $$69,000$ from customers on account.

Recorded depreciation expense of $$2,400$ for the month on the equipment.

Post the above transactions to the below T$-$accounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances.