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

1. Issued 33,000 shares of no-par common stock in exchange for $330,000 in cash.

2. Purchased equipment at a cost of $43,000. Cash of $11,500 was paid and a note payable to the seller was signed for the balance owed.

3. Purchased inventory on account at a cost of $84,000. The company uses the perpetual inventory system.

4. Credit sales for the month totaled $135,000. The cost of the goods sold was $73,000.

5. Paid $5,300 in rent on the warehouse building for the month of March.

6. Paid $6,300 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2024.

7. Paid $73,000 on acount for the inventory purchased in transaction 3.

8. Collected $58,000 from customers on account.

9. Rescorted depreciation expense of $1,300 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 acount balance