The following transactions pertain to Smith Training Company for Year 1:

Jan.	30		Established the business when it acquired $48,000 cash from the issue of common stock.
Feb.	1		Paid rent for office space for two years, $17,200 cash.
Apr.	10		Purchased $740 of supplies on account.
July	1		Received $21,000 cash in advance for services to be provided over the next year.
	20		Paid $555 of the accounts payable from April 10.
Aug.	15		Billed a customer $9,800 for services provided during August.
Sept.	15		Completed a job and received $3,300 cash for services rendered.
Oct.	1		Paid employee salaries of $36,500 cash.
	15		Received $8,900 cash from accounts receivable.
Nov.	16		Billed customers $37,000 for services rendered on account.
Dec.	1		Paid a dividend of $1,500 cash to the stockholders.
	31		Adjusted records to recognize the services provided on the contract of July 1.
	31		Recorded $2,150 of accrued salaries as of December 31.
	31		Recorded the rent expense for the year. (See February 1.)
	31		Physically counted supplies; $110 was on hand at the end of the period.

b. Post the transactions to T-accounts and calculate the account balances. (Round your answers to the nearest whole dollar amount.)