The general ledger of Pipers Plumbing at January 1, 2018, includes the following account balances: Cosh Accounts Recevable Supplies Equipment $ 3.700 8,700 2.700 20,000 $4,800 2,800 3,800 Accounts Payable Utiies Peyable Deferred Revenue Common Stock Retalned Earnings 15,000 8700 Totals $ 35,100 $35,100 The following is a summary of the transactions for the year: a. January 24 Provide plumbing services for cash, $12,000, and on account, $57000 b. March 13 Collect on accounts receivable. $45,000. c. May 6lssue shares of common stock in exchange for $11,000 cash. d. June 30Pay salaries for the current year, $31,400. e. September 15 Pay for utilities expenses, $11,400, of which $3,800 represents costs for 2017 f November 24 Receive cash in advance from customers, $6,800 g December 30 Pay $1,400 cash dividends to stockholders h. Depreciation for the year on the machinery is $4,800. Plumbing supplies remaining on hand at the end of the year equal $1,100. Of the $6,800 paid in advance by customers, $5,400 of the work has been completed by the end of the year The general ledger of Pipers Plumbing at January 1, 2018, includes the following account balances: Cosh Accounts Recevable Supplies Equipment $ 3.700 8,700 2.700 20,000 $4,800 2,800 3,800 Accounts Payable Utiies Peyable Deferred Revenue Common Stock Retalned Earnings 15,000 8700 Totals $ 35,100 $35,100 The following is a summary of the transactions for the year: a. January 24 Provide plumbing services for cash, $12,000, and on account, $57000 b. March 13 Collect on accounts receivable. $45,000. c. May 6lssue shares of common stock in exchange for $11,000 cash. d. June 30Pay salaries for the current year, $31,400. e. September 15 Pay for utilities expenses, $11,400, of which $3,800 represents costs for 2017 f November 24 Receive cash in advance from customers, $6,800 g December 30 Pay $1,400 cash dividends to stockholders h. Depreciation for the year on the machinery is $4,800. Plumbing supplies remaining on hand at the end of the year equal $1,100. Of the $6,800 paid in advance by customers, $5,400 of the work has been completed by the end of the year