The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances: Accounts Cash. Accounts Receivable. Land Accounts Payable. Notes Payable (due in 2 years) Common Stock Retained Earnings Totals Debits $ 43,500 Credits 27,700 112,800 15,500 32,000 102,000 34,500 $184,000 $184,000 The following is a summary of the transactions for the year: 1. January 12 Provide services to customers on account, $64,400. 2. February 25 Provide services to customers for cash, $76,300. 3. March 4. April 5. June 6. July 19 Collect on accounts receivable, $45,900. 30 Issue shares of common stock in exchange for $32,000 cash. 16 Purchase supplies on account, $12,500. 7 Pay on accounts payable, $11,500. 7. September 30 Pay salaries for employee work in the current year, $66,200. 8. November 22 Pay advertising for the current year, $22,700. 9. December 30 Pay $3,100 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,700 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $1,700 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $2,500.