The general ledger of Blue Highway Cleaners at January $1,2024,$ includes the following account balances:

The following is a summary of the transactions for the year:

March $12$ Provide services to customers, $$53,000,$ of which $$20,300$ is on account.

May $2$ Collect on accounts receivable, $$17,300.$

June $30$ Issue shares of common stock in exchange for $$5,000$ cash.

August $1$ Pay salaries of $$5,600$ from $2023($prior year$).$

September $25$ Pay repairs and maintenance expenses, $$12,300.$

October $19$ Purchase equipment for $$7,300$ cash.

December $30$ Pay $$1,000$ cash dividends to stockholders.