The general ledger of Pipers Plumbing at January 1, 2021. Includes the following account balances: Credita Debitis $ 3,550 8,550 2.550 17,000 Accounts Canh Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 4,200 2,200 3,200 13,500 8,550 $31,650 $31,650 The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services for cash, $10.500, and on account. $55,500. 2. March 13 Collect on accounts receivable, $43,500. 3. May 6 Tase shares of common stock in exchange for $11,000 cash 4. June 30 Pay salaries for the current year, $31,100. 5. September 15 Pay utilities of $3,200 from 2020 (prior year). 6. November 24 Receive cash in advance from customers, $6,200. 7. December 30 Pay $1,100 cash dividends to stockholdere The following information is available for the adjusting entries. Depreciation for the year on the machinery is $4,200. Plumbing supplies remaining on hand at the end of the year equal $1100. Of the $6,200 paid in advance by customers, $5,100 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $7.900