The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Debits Credits 19,000 7,800 3,800 14,000 $ 4,600 6,600 24,000 9,400 Totals $44,600 $44,600 The following is a summary of the transactions for the year: a. March 12 Provide services to customers, $58,000, of which $20,800 is on account. b. May 2 Collect on accounts receivable, $17,800 c. June 30 Issue shares of common stock in exchange for $4,000 cash d. August 1 Pay salaries, $25,800 (of which $6,600 is for salaries payable in 2017) e. September 25 Pay repairs and maintenance expenses, $12,800 f. October 19 Purchase equipment for $7,800 cash g. December 30 Pay $1,200 cash dividends to stockholders h. Accrued salaries at year-end amounted to $1,200. Depreciation for the year on the equipment is $4,800. Office supplies remaining on hand at the end of the year equal $1,100