The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals Debits $ 3,500 Credits 8,500 2,500 16,000 $ 4,000 2,000 3,000 0 13,000 8,500 $30,500 $30,500 The following is a summary of the transactions for the year: 1. January 2. March: 4. June 24 Provide plumbing services for cash, $10,000, and on account, $55,000. 13 Collect on accounts receivable, 543,000. 6 Issue shares of common stock in exchange for $12,000 cash. 30 Pay salaries for the current year, $31,000. 5. September 15 Pay utilities of $3,000 from 2020 (prior year). 6. November 24 Receive cash in advance from customers, $6,000. 7. December 30 Pay $1,000 cash dividends to stockholders. The following information is available for the adjusting entries Depreciation for the year on the machinery is $4,000. Plumbing supplies remaining on hand at the end of the year equal $1,200. Of the $6.000 paid in advance by customers. $5,000 of the work has been completed by the end of the year. Accrued utilities at year-