The following transactions occurred during March 2018 for the Wainwright Corporation. The company owns and operates a wholesale warehouse 1. Issued 45,000 shares of common stock in exchange for $450,000 in cash. 2. Purchased equipment at a cost of $55,000 $17.500 cash was paid and a note payable was signed for the balance owed. 3. Purchased inventory on account at a cost of $108,000. The company uses the perpetual inventory system 4. Credit sales for the month totaled $195,000. The cost of the goods sold was $85,000. 5. Paid $6,500 in rent on the warehouse building for the month of March 6. Pald $7,500 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2018 7. Paid $85,000 on account for the merchandise purchased in 3. 8. Collected $70,000 from customers on account. 9. Recorded depreciation expense of $2,500 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. Complete this question by entering your answers in the tabs below. T Accounts Trial Balance