The following transactions occurred during March 2018 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. Issued 31,000 shares of common stock in exchange for $310,000 in cash. Purchased equipment at a cost of $41,000. $10,500 cash was paid and a note payable was signed for the balance owed. Purchased inventory on account at a cost of $80,000. The company uses the perpetual inventory system. Credit sales for the month totaled $125,000. The cost of the goods sold was $71,000. Paid $5,100 in rent on the warehouse building for the month of March. Paid $6,100 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2018. Paid $71,000 on account for the merchandise purchased in 3. Collected $56,000 from customers on account. Recorded depreciation expense of $1,100 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.